Economic Humor: The Top Ten Ways To Sound Like An Economist

A top ten list for sounding like an economist is economic humor that might come in handy.

Alcohol, Marijuana or Tobacco: Which is Most Harmful?

When government miscalculates the negative externalities of substances like marijuana and alcohol, they waste land, labor, capital, time and money.

The Cost of Curing Different Diseases

Whether health insurance or individuals pay for healthcare, treatment decisions relate to the opportunity cost of using the time, money and resources.

Why the Metric Switch is so Tough

The expense and complexities of switching to the metric system have prevented the change, and have affected how standard weights and measures help globalization.

Weekly Roundup: From Slow Shopping to Fast Shipping

Our everyday economics include consumption expenditures, Pigovian taxes, variable pricing,economies of scale, unskilled labor, national income and the money supply.

How the Fed Solves the Old Money Problem

Part of keeping the money supply at the right level involves the Fed monitoring the paper money that enters circulation and recycling cash that leaves it.

How Much Would Santa Earn If We Paid Him?

If they tried to include the work that moms and dads do at home, national income accounting statisticians would have a tough time quantifying unpaid work.

The Seven Ways We Pay For Free Parking

Including congestion, wasted gas, time and emissions, cheap parking creates negative externalities that variable pricing of parking spaces can eliminate.

Weekly Roundup: From Old Age to Old Signatures

Our Posts Roundup   Sunday 12.14.14  The mystery of the missing magazines…more   Monday 12.15.14  Where Italian needs a connection…more   Tuesday 12.16.14  Which movie stars live longer…more   Wednesday 12.17.14  The Christmas music list that keeps repeating…more   Thursday 12.18.14  How a signature…

Why Russians Are Rushin’ to Buy Porsches

Rather than saving during tough economic times, the Russians are spending because the ruble is displaying fewer characteristics of money.