Daylight Saving Time Dilemmas

Last weekend, our daylight saving time dilemmas began again as we lost an hour of sleep but gained evening time to shop, exercise and go to athletic events.

The Decline of Laissez-Faire

Perhaps it all began when President Lyndon Johnson called Wilbur Mills, chairman of the House Ways and Means Committee. “Wilbur, I’ve just been looking through the polls here, and I’ve only got a few weaknesses, and the worst of them…

Weekly Economic News Roundup: From Big Macs to Blue Wine

Connecting economic ideas, current events and history, our weekly economic news roundup includes grade inflation, EU regulation of blue wine and happiness.

Finding the Hollywood Gender Gap (Everywhere)

From top stars’ salaries, to the people who speak in films, the Hollywood gender gap can be found in most of the major movies.

The North/South EU Divide For Beer and Wine Consumption

Even when we look at beer and wine drinkers, the North/South EU divide is almost as apparent as with unemployment and debt.

Why Grade Inflation is a Problem

With many more students getting A’s, we could have a grade inflation bubble that, like price inflation, creates distorted information and incentives.

What We Can Learn From Big Mac Prices

Based on the January 2017 Big Mac Index, we can get the most burger for our buck in Egypt. At the equivalent of $1.46, an Egyptian Big Mac is less than one-third the $5.06 U.S. price. On the other hand, a Big Mac…

Weekly Economic News Roundup: From Tipping to Vacations

Weekly News Roundup Sunday 02.26.17 Surprising costs at the Academy Awards… Monday 02.27.17 Where people take longer vacations… Tuesday 02.28.17 How the tipping wage and the minimum wage differ… Wednesday 03.01.17 What cranberries say about NAFTA… Thursday 03.02.17 Why parking is never…

What We Need To Know About Federal Spending

Talking about foreign aid and the defense budget is like comparing a blueberry to a watermelon. Foreign aid spending is tiny while defense dollars are massive.   With federal spending on foreign aid, defense, Medicare and Medicaid in the headlines, let’s…

Where a Cranberry Meets NAFTA

For another NAFTA example, we can start with the impact of Canadian cranberry production on Nantucket but then continue onward to Wisconsin and beyond.