Weekly Roundup: From the Diner’s Dilemma to Lost Labor

This week’s economic news summary includes the diner’s dilemma and marginal analysis, property rights in outer space, the Phillip’s Curve and unemployment.

Do You “Wanna Know What China’s Gonna Do?”

An economic development plan that is characterized by a top down command structure, China’s thirteenth five-year plan contrasts with the market’s bottom up.