Macroeconomics

August 24, 2018

When a Tax Rate Is Not as Simple as It Sounds

Referring to “The Son of Man,” Belgian surrealist artist René Magritte said, “Everything we see hides another thing.” Instead, Magritte could have been describing corporate taxes. The […]

August 21, 2018

Why It’s Tough to Catch Venezuela’s Runaway Hyperinflation

Calming the everyday monetary chaos created by Venezuela's hyperinflation is about much more than lopping zeros off its currency.

August 17, 2018

Why Urban Farmers Plant Their Crops in Garages

Using old containers from cargo ships, commercial urban farmers are growing hydroponic mini-lettuces and even strawberries in warehouses and garages.

August 16, 2018

Why Driving is Safer in Sweden

An economist might say that the optimal number of traffic fatalities depends on the cost of preventing them. Sweden disagrees. Compared to most other countries, Sweden’s […]

August 15, 2018

A Surprising Way to Cut Healthcare Costs

Assume for a moment you are in a doctor’s office observing an examination. A 70-year old male patient enters pulling an oxygen tank and wearing a […]

August 8, 2018

(Almost) All You Need To Know About Quotas

From sleeveless jackets to begging brides and young sports teams with no uniforms, the complexities of quotas can produce a slew of unpredictable results.