Called laissez-faire, Adam Smith’s prescription for less government in the economy relates to an island with no traffic lights.
Having recently driven in Manhattan (NYC) and now on Nantucket (an island located 30 miles from the coast of Massachusetts), I’ve been pondering the difference a traffic light can make. In NYC, the traffic lights are constant signals from government.…
Whether it’s Ooey Gooey Butter Cake or Salted Crack Caramel, your flavor is a part of the ice cream economics of an ultra-premium creamery.
In Oklahoma, voters will soon decide if eye care regulation should let retailers like Walmart and Costco give you eye exams and sell you eye glasses.
Asking if bitcoin is a security, a commodity, money, or property, we get a list of different answers that lead us to regulatory questions.
With more drivers using Waze and other traffic apps to avoid rush hour delays, local neighborhoods have begun to resist the disruption.
Puffier than they need to be, misleading packages have been the subject of class action lawsuits by people who feel they were overcharged for their chips.
Today’s story is specifically about Airbnb. More generally though, it involves whether government or the market system should regulate the “sharing economy.” But first–Craigslist and the Sharing Economy from xkcd: An apartment owner in Astoria, Queens (a subway ride from…