While the Air Quality Index (AQI) is a pollution yardstick, it also can signal if we are controlling the tragedy of the commons.
Approved by many of us, free tuition programs like the one at NYU Medical School create misdirected incentives that diminish their success.
Called “price gouging” by many of us, an increase in prices as a hurricane approaches could be a productive incentive for supply and demand.
While we know that overused resources can include the ocean, the air, and a pasture, we also should include beaches and seats.
Looking at who did not pay Aretha Franklin for “Respect,” we can see why music copyright law is being rewritten by the Congress.
Now that music with words can accompany Olympic figure skating, there is less classical music, more hip-hop and Beyoncé, and some questions about intellectual property rights.