What If We Gave Google Search a Price?

Comparing a paid for Worldbook to a free Wikipedia, we can see that monetizing digital services would grow an understated GDP..

Our Weekly Roundup: From Milk to Tobacco

Our weekly roundup includes the everyday economics of consumer surplus, monopolistic competition, economic development, poverty and technology spillover.

Can We Use Happiness to Evaluate Tobacco Legislation?

Mandated by Ronald Reagan and approved by subsequent presidents, cost-benefit analysis of federal regulation could be inaccurate for new tobacco regulation.