Why New Jersey’s Plastic Bag Ban Might Create the “Cobra Effect”

With New Jersey’s new paper and plastic bag bans, we can ask if the regulations will have the unintended consequence of the “Cobra Effect.”

A Return to the Downside of Gift Giving

During the holiday season, our gift giving might have less value than we expect because recipients engage in preference falsification.

Social Media’s Hidden Cost

Ranging from individuals to the entire economy, the cost of social media generally and of Facebook specifically ripples in many directions.

The Downside of Gift Giving

During the holiday season, our gift giving might have less value than we expect because recipients engage in preference falsification.

When a Carbon Tax Proposal Is Like Goldilocks

In his new book, climate activist Bjorn Lomborg presents a controversial carbon tax proposal that could remind us of Goldilocks.

When To Ignore Your Email

Tempted by thousands of hours of digital distractions, at home and at work, we diminish our creativity, our productivity, and our self-satisfaction.

Social Media’s Hidden Cost

While we all know when we are wasting time on social media, it is tougher to uncover the hidden cost that is paid by the entire economy.

Weekly Roundup: From Blockbuster Movies to Student Debt

This week’s economic news summary includes the transactions costs of new medical diagnostic codes, the personal and macro impact of the student loan crisis.

Government Nudge Squad Questions

A government Nudge Squad that compensates for our irrational behavior is dealing with policy makers with the same behavioral economics irrationalities.

The Benefits of “Pay-It-Forward”

Perhaps a pay-it-forward record, at a Connecticut Starbucks, more than 1,000 people each paid for the person behind them during December 2013. The store manager was on to something when he said, “”We hope that it will continue on, even…