Economic Ideas

August 3, 2015

The Reason We Should Drive Around in Circles

As we improve our transportation infrastructure, the roundabout has become increasingly attractive because of safety, ease and cost.

August 2, 2015

The World’s Sanitation Gap

A production possibilities graph can display the land, labor and capital underutilization that inadequate sanitation creates and indicate a constrained GDP.

July 30, 2015

Why Major League Baseball Has a C+ Gender Grade

Because the presence of women in Major League Baseball (MLB) management positions is very small, they have diminished their talented human capital supply.

July 29, 2015

Paying More at the Gas Pump

Because of a low gasoline tax, the Highway Trust Fund does not have enough money to maintain the transportation infrastructure of highways and mass transit.

July 28, 2015

How Much Your Sleep Costs You

Personal income relates to how long we sleep. Less sleep can diminish the productivity that brings a higher wage. But also, less sleep means more work time.

July 24, 2015

The Real Eurozone Problem

Although people in the eurozone want a single currency and their leaders want unity, monetary union problems create political distrust and disunity.

July 23, 2015

Exposing What You Hide in Your Garbage

Weighing cost and benefit for Seattle's recycling environmental regulation involves privacy, dollars, time, and respect for the law and our environment.