Economic Ideas

March 16, 2014

What We Sacrifice for Pothole Patches

With 150,000 more potholes than last year and $12 for each temporary patch, Chicago has spent close to $3 million on pothole repair and the end […]

March 15, 2014

More About Colorado Pot Tax, California Eggs and Library e-Books

Updates today on Colorado marijuana, California eggs and pricey library e-books: Marijuana Elasticity: With Colorado’s recreational marijuana tax close to 30%, I was skeptical that they would generate […]

March 13, 2014

More Expensive Ice Cream?

Milk prices are going up. And yet, in the US, we are drinking less milk. According to Corey Geiger, managing editor of Hoard’s Dairyman magazine, one reason is […]

March 11, 2014

Venezuela Has Cheap Gas But No Cars

At the official exchange rate, Venezuelans pay 5 cents a gallon for premium gasoline while the real price is closer to one half penny a gallon. The […]

March 7, 2014

How Much Will You Pay For the HOT Lane?

The results of dynamic tolling appear to be surprising the Florida Department of Transportation. Alone in your car on Florida’s I-95, you no longer have to […]

March 5, 2014

Is the Price of Protecting Pandas Too High?

By Madeleine Vance, guest blogger and student at Kent Place School This summer, I had an incredible opportunity to travel through China including a stop to […]