Macroeconomics

July 17, 2015
As an innovation the bicycle has had many positive externalities.
Published by Elaine Schwartz at July 17, 2015
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The Wright Moment for the Bicycle

As an innovation, the bicycle was a stepping stone that helped human capital move onward to other inventions like the airplane, the auto and better roads.

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July 15, 2015
The everyday economics of hanging supply and demand, streaming music meant new kinds of contracts with record companies and new relationships with consumers.
Published by Elaine Schwartz at July 15, 2015
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Taylor Swift Gives Apple a Little Taste of Capitalism

By asking Apple to pay her and other artists when customers get their music for free displays Taylor Swift's understanding of the basics of capitalism.

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July 7, 2015
everyday economics and a good type of taxation, property taxes have incentives that do not constrain growth.
Published by Elaine Schwartz at July 7, 2015
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The Tax We Should Like

Among the least popular forms of taxation, property taxes are the most desirable because of their incentives, whom they target and their resilience.

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July 1, 2015
Everyday economics and sovereign debt
Published by Elaine Schwartz at July 1, 2015
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When to Worry About Sovereign Debt

Comparing debt to GDP is like looking at a mortgage loan and household net worth. It can help us decide when a sovereign debt became too large.

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June 30, 2015
Everyday economics and the cost of developing a child's human capital costs families more than money.
Published by Elaine Schwartz at June 30, 2015
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Why Children Are More Expensive Than We Think

To the dollars families spend on children, we can add the cost of stress from the time we devote to developing a child's human capital.

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June 22, 2015
everyday economics and safety regulation
Published by Elaine Schwartz at June 22, 2015
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An Unintended Consequence of Football Helmets

Regulation can have unintended consequences. With football helmets or seat belts or even financial regulation, protection can create more reckless behavior.

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June 14, 2015
Everyday economics and cost of crime
Published by Elaine Schwartz at June 14, 2015
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The Cost of the Squeegee Men

Through a cost and benefit approach to crime control, the limited money available for municipal spending can be spent most efficiently.

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June 5, 2015
It's Tough To Solve the Poaching ProblemNeither the market nor a regulatory approach has solved the problem of poaching in Africa.
Published by Elaine Schwartz at June 5, 2015
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A Poaching Problem that Regulation Hasn’t Solved

The market solutions and regulatory approaches used to solve the problem of elephant poaching have not worked for wildlife conservation in Africa.

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June 1, 2015
height bias
Published by Elaine Schwartz at June 1, 2015
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India’s Height Mystery

Long assumed to have a direct relationship, the connection between height and GDP becomes more complex when we compare India and Africa.

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