Microeconomics

August 29, 2018

Why You Might Want Some “Price Gouging”

Called "price gouging" by many of us, an increase in prices as a hurricane approaches could be a productive incentive for supply and demand.

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 […]