A small part of fiscal policy, Senate and House spending on themselves nonetheless is enlightening because of its message.
The Unexpected Consequences of More Efficient Lighting
Like 19th century English coal, more efficient and cheap LED lights can mean people and businesses use it more because of the lower opportunity cost.
Surprising Economic Indicators
While the BLS has leading, lagging and coincidental economic indicators that it follows, the MUI and the lipstick index can also be an economic indicator.
When Does Practice Really Matter?
Since education creates positive externalities that fuel economic growth, understanding how to develop expertise through human capital formation is crucial.
Our Weekly Roundup: From Cheap Gas to Expensive Soda
This week’s everyday economics stories include subsidies, human capital, game theory, price controls, inelastic demand, and monopolistic competition.
Problems With Sugary Drink Taxes
To avoid inelastic demand, a sugary drink tax would need to increase price substantially. Current taxes that average less than 5% have little impact.
How to Own the Word How
The courts will decide intellectual property rights when they say whether Dov Seidman can trademark the word How and stop Chobani from using How Matters.
The Expensive Side of (Venezuela’s) Cheap Gas
Subsidies and taxes determine the price of gasoline. Whether gasoline is cheap or expensive, its price affects people’s incentives and national tradeoffs.