Our everyday economics includes inelasticity, supply, regulation, entitlements, subsidies, healthcare, innovation, price floor, monetary policy, euro zone.
An Unintended Consequence of Football Helmets
Regulation can have unintended consequences. With football helmets or seat belts or even financial regulation, protection can create more reckless behavior.
Weekly Roundup: From More Money to Fewer Restrooms
Our everyday economics includes scarcity, tradeoffs, cost, sustainability, hyperinflation, gender issues, externalities, African development, human capital.
The Cost of the Squeegee Men
Through a cost and benefit approach to crime control, the limited money available for municipal spending can be spent most efficiently.
Weekly Roundup: From Apple’s Chimes to Boston’s Olympics
Our everyday economics includes innovation, incentives, environment, regulation, gender,monopolistic competition, oligopoly ,intellectual property and cost,
Following the March Madness Money
Whether looking at what fans spend and wager or the NCAA, the coaches, the teams, the media, and corporate promotions, March Madness is about big business.
The Oscar Costs That No One Mentions
The tax breaks we give films, the taxes owed by stars for their gift bags and the winners’ speeches at the Academy Awards all show there is no free lunch.
How the New Panama Canal Affects Us
When larger vessels use a wider, deeper Panama Canal, they will create economies of scale and shift the invisible lines that show worldwide supply chains.
How Can You Add Value to Your Free Parking Space?
NYC has lots of cheap parking spaces. The result? I (and many like me) have circled blocks, added to greenhouse gases, used precious hours and exacerbated congestion, all to find an empty muni-meter or free spot. As UCLA Professor Donald Shoup has said through…