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When you sing happy birthday to Alexander Hamilton today, please just think of this upward sloping (logarithmic) economic growth line: Today, 257–or maybe 259–years ago (no […]
Looking back to the first text message, few of us would have predicted its spread and impact during the past 30 years.
When deciding whether the Happy Birthday song has a copyright, we are really debating how broad or narrow intellectual property rights should be.
This week’s everyday economics includes property rights, trade, creative destruction, entitlements, tradeoffs, conservation, externalities, price, and markets.
Celebrating its 125th birthday, we can use the Dow Jones Industrial Average to see how the U.S. economy has changed