ErikaGrace Davies

ErikaGrace Davies

ErikaGrace Davies has bachelor’s degrees in economics and philosophy from Duquesne University and is pursuing a master’s in economics at George Mason University.

Blog Posts

The millennial marriage drought

Despite the popularity of dating apps like Tinder, Grindr, and OKCupid, Millennials are not pairing off. Only 26% of Millennials are married now, compared to 36% of Gen-Xers and 48% of Baby Boomers when they were young. We propose (no pun intended) that the economy is to blame.

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If Only The DC Metro Cared as Much About Fires as They Do Potential Fare Evaders

Metro and I do not get along. Even when it isn’t on fire, which is rare, it manages to burn me up. A few weeks ago, I was on my…

Why the D.C. Metro Sucks When It Doesn’t Have To

For the last few weeks, the D.C. metro system has been an even bigger mess than usual. That’s saying a lot. A quick flashback to one of my blog posts in…

Programs

Behavioral Economics

Videos

Behavioral Economics, Ep. 5: What You Need to Know About Public Choice

Why bad laws get passed. Public choice is a field of economics that takes what we understand about human behavior and applies that knowledge to humans who work in the public…

Behavioral Economics, Ep. 4: Should Someone Nudge You Into Making A Decision?

Here’s how you help free people make the best choices. Free market economists argue that people should be left alone to make decisions for themselves, but sometimes, specialized knowledge is required…

Behavioral Economics, Ep. 3: Why Do We Make Poor Decisions?

Why do we make bad choices? Making rational choices is expensive. It takes time and energy to collect the information necessary for rational thought, and it takes mental effort to apply…

Behavioral Economics, Ep. 2: How Do Heuristics Help Distinguish Bad Choices From The Good?

Here’s why we we eventually stop searching for soulmates… and shoes. How is it possible to make a rational purchase decision without seeing all the possible options? Humans have evolved low…

How and Why the Economy Works in 3 Minutes: Behavioral Economics, Ep. 1

How and why the economy works… in 3 minutes At some point in our distant past, a human who had food met another who had a spear. The two exchanged, and…