Regulation can have unintended consequences. With football helmets or seat belts or even financial regulation, protection can create more reckless behavior.
Economic History
US economic history starts with the 13 colonies and the transition from communal to individual land ownership, continues with 19th century economic growth and takes us to the role of services during the 20th century. Involving government, consumers and businesses, at econlife, economic history provides more understanding of today’s economy.
Where to Spend 100 Trillion (Zimbabwe) Dollars
Coping with hyperinflation, Zimbabwe finally had to replace their currency with the US. dollar. A low inflation rate should be their monetary policy goal.
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.
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.
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.
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.
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.
Love, Marriage and Inequality
As female labor force participation increased since the 1970s, so too has the income inequality that resulted from assortative mating of higher earners.
The Reversed Role of Chinese Deposit Insurance
While many nations have deposit Insurance and China will have theirs very soon, the quality and the confidence in different deposit insurance schemes vary.
When Your Ability to Pay Determines Your Punishment
In Finland, for some traffic violations, the rich have higher fines than those with less because of day fines that are similar to progressive taxation.