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Past Articles by Chana Joffe-Walt

I Know I'm Supposed To Follow My Passion. But What If I Don't Have A Passion?

A young college grad asks an economist for advice.


I Know I'm Supposed To Follow My Passion. But What If I Don't Have A Passion?

A young college grad asks an economist for advice.


Most People Are Supposed To Pay This Tax. Almost Nobody Actually Pays It.

It's called a use tax. Accountants and tax lawyers are some of the only people who pay it.


Most People Are Supposed To Pay This Tax. Almost Nobody Actually Pays It.

It's called a use tax. As far as I can tell, accountants and tax lawyers are some of the only people who pay it.


The Tax Code, Translated Into Plain English

Intangible drilling costs! De minimis fringe! And other essential corners of the tax code, explained.


The Tax Code, Translated Into Plain English

Intangible drilling costs! De minimis fringe! And other essential corners of the tax code, explained.


Expanded Definition Of Disability Created Million Dollar Opportunity For Lawyers

As part of our continuing series on the rapid rise in the number of people receiving federal disability payments, we explore the world of disability lawyers.


How Happy Is America?

The government is considering adopting a national happiness index. But how do you measure happiness?


How Happy Is America?

The government is considering adopting a national happiness index. But how do you measure happiness?


Without Magic, Santa Would Need 12 Million Employees

How do you deliver presents to 760 million children in one night? Experts at FedEx and UPS talk us through the numbers.


Why Legos Are So Expensive — And So Popular

Legos often cost twice as much as similar blocks from a rival toymaker. So why are Legos so much more popular than other brands?


A Huge Pay Cut For Doctors Is Hiding In The Fiscal Cliff

On Jan. 1, Medicare is set to cut payments to doctors by nearly 30 percent. Lawmakers of both parties want to prevent this. So why is it imminent?


A Huge Pay Cut For Doctors Is Hiding In The Fiscal Cliff

On Jan. 1, Medicare is set to cut payments to doctors by nearly 30 percent. Lawmakers of both parties want to prevent this. So why is it imminent?


A Huge Pay Cut For Doctors Is Hiding In The Fiscal Cliff

On Jan. 1, Medicare is set to cut payments to doctors by nearly 30 percent. Lawmakers of both parties want to prevent this. So why is it imminent?


It's Legal To Sell Marijuana In Washington. But Try Telling That To A Bank.

Voters in Washington and Colorado just approved measures legalizing marijuana for recreational use. But businesses that want to sell marijuana in those states will face a problem: No bank wants to do business with them.


It's Legal To Sell Marijuana In Washington. But Try Telling That To A Bank.

Voters in Washington and Colorado just approved measures legalizing marijuana for recreational use. But businesses that want to sell marijuana in those states will face a problem: No bank wants to do business with them.


Remember The 14-Year-Old Who Bought A House? She Just Bought Another One

Willow Tufano's life over the past few months was sort of surreal. She got caught up in two dramas: America's housing market and America's media circus. Now she's trying to get her own reality show.


The Downside Of Tax Havens? Paperwork.

Despite all the advertising about absolute confidentiality in places like the Cayman Islands and Bermuda, if you own a company in a tax haven, you are legally required to declare it to the IRS.


What The Apollo Astronauts Did For Life Insurance

Before Neil Armstrong walked on the moon, he had to solve a more prosaic problem.


Why Do Taxpayers Subsidize Farmers' Insurance?

Taxpayers spend $7 billion a year to subsidize crop insurance. Economists don't like it. Neither do some farmers.


Competing Against The Nicest Guy In Town

When salesmen can't compete on price, they try to out-nice each other.


We Set Up An Offshore Tax Haven

What is striking about all the offshore services available today is that while they are totally legal, the system seems to make it easy to get away with things that are not legal.


We Set Up An Offshore Company In A Tax Haven

What is striking about all the offshore services available today is that while they are totally legal, the system seems to make it easy to get away with things that are not legal.


The Cost Of Free Doughnuts: 70 Years Of Regret

When the Red Cross began charging soldiers for snacks during World War II, it learned a painful lesson in the economics of free stuff.


After Years Of Uncertainty, A Health-Care Business Gets An Answer

It's 9:45 am on Thursday at the headquarters of Health Plan One, a health insurance agency that sells private policies. The biggest court decision ever regarding health insurance is about to come down.


Spain's Bank Yenta On What Went Wrong

Spain's plan to combine small banks didn't go so well. The man who helped make it happen explains.


Spain's Bank Matchmaker On What Went Wrong

Spain's plan to combine small banks didn't go so well. The man who helped make it happen explains.


A Front-Row Seat At A Bank Run

"They say, 'Thefilos, tomorrow I'm going to need 50,000 euros, cash,' " says a Greek bank teller.


What Air Traffic Can Teach Us About Kidney Transplants

Researchers who study air traffic may have come up with a better way to allocate organs. The key is balancing fairness and efficiency.


Who Decides Whether This 26-Year-Old Woman Gets A Lung Transplant?

Ashley Dias needs lungs. So do lots of other patients. Scarcity is a problem with organ transplants, and, unlike other scarce resources, organs can't be bought or sold. Here's how doctors decide who gets to be at the top of the waiting list.


We Stand At The Doorstep Of A Foreclosed House. Then We Go In

We tag along with a real estate agent whose job is to investigate a foreclosed house in Florida.


This 14-Year-Old Girl Just Bought A House In Florida

Meet Willow Tufano: Lady Gaga fan, animal lover, landlord. Her life story is the story of Florida's boom and bust.


What It Feels Like In China When Europe Comes Asking For Help

"Twenty-two years ago China was a basket case - a very poor developing country. So I really feel quite proud."


The Undertaker Who Helps Big Banks Write Death Plans

Dolores Atallo helps banks plan how they could go out of business without wrecking the economy. "You're technically writing your own funeral, down to the color of the flowers," she says.


During The Holidays, Greeks Discuss Country's Future

The scene is a family dinner party in Athens, where Greeks discuss the future of their country, the Germans and whether Greece should remain in the eurozone.


A Technocrat In Trouble

Andreas Georgiou wants to make Greece's statistical office boring and reliable. His efforts have been met with a strike and a criminal investigation that could lead to life in prison.


Stats Chief Faces Life In Prison

Andreas Georgiou wants to make Greece's statistical office boring and reliable. His efforts have been met with a strike and a criminal investigation that could lead to life in prison.


In Greece, A Technocrat Faces Life In Prison

Andreas Georgiou wants to make Greece's statistical office boring and reliable. His efforts have been met with a strike and a criminal investigation that could lead to life in prison.


Can Eurozone Countries Actually Follow Their Own Rules This Time?

When the euro was set up in the late 1990s, the Stability and Growth Pact clearly spelled out limits for deficits and debt. But nearly everyone broke those rules, including France and Germany. Now that European leaders are trying to create new rules, the question is - how will they enforce them?