Economic Ideas

December 31, 2014

Alcohol, Marijuana or Tobacco: Which is Most Harmful?

When government miscalculates the negative externalities of substances like marijuana and alcohol, they waste land, labor, capital, time and money.

December 28, 2014

Why the Metric Switch is so Tough

The expense and complexities of switching to the metric system have prevented the change, and have affected how standard weights and measures help globalization.

December 22, 2014

The Seven Ways We Pay For Free Parking

Including congestion, wasted gas, time and emissions, cheap parking creates negative externalities that variable pricing of parking spaces can eliminate.

December 16, 2014

Why Academy Award Winners Might Live Longer

Relating income inequality to the stress felt by low status Bolivian Tsimane men and academy award losers, researchers said that stress that harms health.

December 15, 2014

Italy and the EU: An Internet Story

Looking at internet connectivity as a part of the EU's information infrastructure, we can see how Italy is behind and reflects member nation contrasts.