Economic Ideas

November 13, 2014
Everyday Economics: Because water is not a public good, neither Ireland nor Detroit need provide it without charging.
Published by Elaine Schwartz at November 13, 2014
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Should Water Be Free?

Although protestors in Detroit and Ireland say water is a human right, economists, citing a definition of a public good and a tornado alarm, would disagree.

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November 12, 2014
Everyday Economics of Dodd-Frank
Published by Elaine Schwartz at November 12, 2014
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Dodd-Frank: When Is A Law Too Long To Obey?

With debated impact, a little more than half of the thousands of rules necessary for implementing the financial regulation in Dodd-Frank have been written.

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November 10, 2014
More people vote when they believe it is a social norm.
Published by Elaine Schwartz at November 10, 2014
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The Difference That a Sticker Makes

Because "I Voted" stickers indicate voting is a social norm, like paying taxes or saving electricity, people are more likely to act like their neighbors.

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November 7, 2014
Weekly economic news roundup and marijuana update
Published by Elaine Schwartz at November 7, 2014
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Four Ways to Understand Marijuana Demand

With an increasing number of states legalizing marijuana, demand is shifting because of changes in utility, complementary products and the number of buyers.

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