1) The Washington Post asked a series of economists what the appropriate tax rates for the richest Americans should be. Time magazine then asked three leading behavioral economists (Richard Thaler, David Laibson, and Dan Ariely) to read those responses and weigh in.
2) People spend more when it’s sunny. Are retailers going to start experimenting with artificial sun lamps? Hat tip: Five Minute Economist.
3) The Department of Health and Human Services releases a computer widget to help you find affordable health insurance.
4) Why is your garage, your pantry, or your office filled with stuff you never use? Overconfidence.
5) When financial executives offer a range for stock market returns with 80 percent confidence, they turn out to be right just one-third of the time.