How to Plant Marijuana Markets

The issues are surprisingly similar for a tiny island like Nantucket and a huge state like California. Both are figuring out how to create the marijuana markets that they legalized. Legalizing Recreational Marijuana Last November, Massachusetts and California voted to…

Why China’s Scientists Got the Wrong Message

In 2016 it appeared that China had become a research powerhouse. In 2017 they discovered a problem. This is the story of how incentives can have unintended consequences. Chinese R&D In 2016, the numbers told a phenomenal story. China was…

A Surprising Way to Ration Education

Because of increasing demand, Shanghai’s private schools have revised their admission requirements. In addition to the typical student tests and interviews, now parents and grandparents have to meet certain academic standards. At two schools, if your kid applied, YOU would have to take an…

Weekly Roundup: From More Grit to Less Sugar

Weekly News Roundup Sunday 05.01.16 Why we need grit…more Monday 05.02.16 A better way to fight poachers…more Tuesday 05.03..16 The tax that Princeton might have to pay…more Wednesday 05.04.16 How our mailmen might change…more Thursday 05.05.16 Mexican soda tax problems…more Friday 05.06.16 A new way…

Why Kenya Should Not Have Burned Its Elephant Ivory

A tough problem to solve, the decreasing African elephant population is caused by poachers who profit from elephant ivory sales.

Weekly Roundup: From Bag Fees to Ambulance Meters

Weekly News Roundup Sunday 04.24.16 The incredible impact of self-driving cars…more Monday 04.25.16 The significance of a new skyscraper…more Tuesday 04.26.16 The benefits of bag fees…more Wednesday 04.27.16 The travels of a coffee bean…more   Thursday 04.28.16 Where health care is cheaper…more Friday 04.29.16 Why…

When the Price of an Ambulance Gets You Sick

Like a taxi, ambulances in Beijing will have meters with rates preset by a regulatory group because the ambulance prices that owners charged were too high.

Weekly Roundup: From Buying Big Macs to Selling Waders

Our weekly roundup includes the tennis gender pay gap and toilet gap, free trade and individual businesses, and the purchasing power of the minimum wage.

Weekly Roundup: From Neighborhood Names to Middle Class Jobs

Our weekly roundup includes the tie between chili pepper heat and standardized measures, offshoring and the middle class and neighborhoods and brands.

Weekly Roundup: From Raisin Reserves to Greek Bank Reserves

Our everyday economics includes inelasticity, supply, regulation, entitlements, subsidies, healthcare, innovation, price floor, monetary policy, euro zone.