Not nearly an economic bonanza, the cost to host the Olympics is considerable while the benefit to host is happiness. Is it worth it?…
The Bendy Banana and Other Brexit Issues
Referring to EU regulation, some people say that bendy bananas are one reason to vote “leave” in today’s Brexit vote. Where are we going? To thoughts about regulation and markets. EU…
The Choices That Elevators Make
Assume that you are on the seventh floor waiting for one of three elevators. Car 1 can arrive in 15 seconds but the total wait time will be 25 seconds because it has a stop on the eighth floor. Closer…
Amtrak’s Freight Train Problem
When fast-moving Amtrak trains and slower freight carriers share the same track, we have a railroad transportation problem.…
The Cost of a Single-Payer Healthcare Plan
A single-payer healthcare plan, Taiwan’s National Healthcare Insurance is a good example of the cost and benefit of government healthcare control.…
The Cost of a Single-Payer Healthcare Plan
A single-payer healthcare plan, Taiwan’s National Healthcare Insurance is a good example of the cost and benefit of government healthcare control.…
Weekly Roundup: From Warren Buffett’s Bet to McDonald’s Hamburgers
Our weekly roundup includes productivity and a hamburger assembly line, financial intermediaries and index funds, soda tax incentives and the GMI.…
Why Daylight Saving Time Could Be Dangerous
While daylight saving time has costs that relate to auto safety, productivity and energy conservation, its benefits involve less crime and more exercise.…
The Cost of Free Tuition
Raising college enrollment with free tuition might have unintended consequences that offset the benefits for the economy, businesses and individuals.…
Weekly Roundup: From Chinese Cement to Bowie Bonds
This week’s economic news summary included David Bowie’s financial innovation, China’s GDP cement problems, inequality contradictions and farm productivity.…