Legalizing recreational marijuana, government has created environmental negative externalities by substantially increasing the number of local growers.
Our everyday economics includes developing nations, human capital, environment, behavioral economics, consumer spending, health care,incentives & sin taxes.
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.
This week’s everyday economics stories include income elasticity of demand, positive externalities, GDP, economic indicators, human capital & entitlements.
econlife®
Connecting economics with everyday life.
Located at the intersection of current events, history, and economics, econlife® slices away all of the layers that make economics boring and complex. We like economics and we would like for you to like it too.
