Economic History

July 17, 2015
As an innovation the bicycle has had many positive externalities.
Published by Elaine Schwartz at July 17, 2015
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The Wright Moment for the Bicycle

As an innovation, the bicycle was a stepping stone that helped human capital move onward to other inventions like the airplane, the auto and better roads.

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July 15, 2015
The everyday economics of hanging supply and demand, streaming music meant new kinds of contracts with record companies and new relationships with consumers.
Published by Elaine Schwartz at July 15, 2015
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Taylor Swift Gives Apple a Little Taste of Capitalism

By asking Apple to pay her and other artists when customers get their music for free displays Taylor Swift's understanding of the basics of capitalism.

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July 7, 2015
everyday economics and a good type of taxation, property taxes have incentives that do not constrain growth.
Published by Elaine Schwartz at July 7, 2015
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The Tax We Should Like

Among the least popular forms of taxation, property taxes are the most desirable because of their incentives, whom they target and their resilience.

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July 1, 2015
Everyday economics and sovereign debt
Published by Elaine Schwartz at July 1, 2015
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When to Worry About Sovereign Debt

Comparing debt to GDP is like looking at a mortgage loan and household net worth. It can help us decide when a sovereign debt became too large.

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June 22, 2015
everyday economics and safety regulation
Published by Elaine Schwartz at June 22, 2015
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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.

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June 5, 2015
It's Tough To Solve the Poaching ProblemNeither the market nor a regulatory approach has solved the problem of poaching in Africa.
Published by Elaine Schwartz at June 5, 2015
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A Poaching Problem that Regulation Hasn’t Solved

The market solutions and regulatory approaches used to solve the problem of elephant poaching have not worked for wildlife conservation in Africa.

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June 1, 2015
height bias
Published by Elaine Schwartz at June 1, 2015
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India’s Height Mystery

Long assumed to have a direct relationship, the connection between height and GDP becomes more complex when we compare India and Africa.

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May 21, 2015
Everyday economics and the impact of Wonder Bread
Published by Elaine Schwartz at May 21, 2015
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What Bread Says About Women

Through the industrialization of just one slice of bread, we can see the history of the U.S. economy since the beginning of the 20th century.

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May 13, 2015
Everyday economics and the Social Security Disability Insurance trust fund
Published by Elaine Schwartz at May 13, 2015
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Why the Social Security Crisis Has Begun

Caused by aging baby boomers, expanded criteria and the remnants of the great recession, SSDI entitlement spending is approaching insolvency.

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May 8, 2015
productivity questions
Published by Elaine Schwartz at May 8, 2015
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The Data Leaks That Move Markets

In financial markets, data security relates to the timing of data releases because premature releases or leaks unfairly favor one group of investors.

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