I Cannot Spare a Square: Scarcity, Trade-Offs, and Opportunity Cost -- Mastering Your Domain: Cost-Benefit Analysis and Incentives -- Ending World Hunger: The Gains from Exchange -- No Soup for You: How Market Structure Alters Your Choices -- Low Flow? I Don't Like the Sound of That:...

The forecasting performance of widely accessible surveys of expected inflation are evaluated against naive and financial market benchmark forecasts. In the period of rising inflation (1960-80), the Michigan household consensus forecasts exhibited smaller errors than the Livingston Survey of...