Weekly Roundup: From More Money to Fewer Restrooms

Our everyday economics includes scarcity, tradeoffs, cost, sustainability, hyperinflation, gender issues, externalities, African development, human capital.

The Significance of Potty Parity

Called potty parity, equal access to public restrooms for women and men is a gender issue that creates negative externalities for women at work and leisure.

Weekly Roundup: From Fed Humor to the Wisdom of Warren Buffett

Our Posts Roundup Sunday 3.01.15 Handy notes from Warren Buffett…more Monday 3.02.15 The basics of Greek tax evasion…more Tuesday 3.03.15 Insight about airline queues…more Wednesday 3.04.15 Why we subsidize Brazilian farmers…more Thursday 3.05.15 What an ATM can teach us…more  …

How Tax Evasion Relates to Porsches

A big part of the shadow economy, the tax evasion in Greece that prevails among the self-employed substantially ups the deficit and distorts fiscal policy.

The Problems We Have With Being On Time

Decisions that relate to standardizing clock time and solar time, and global time zones create commercial negative and positive externalities.

Weekly Roundup: From Marijuana to the Metric System

Our everyday economics include globalization, opportunity cost, inflation, employment, monetary policy, negative externalities, recession, business cycle.

Alcohol, Marijuana or Tobacco: Which is Most Harmful?

When government miscalculates the negative externalities of substances like marijuana and alcohol, they waste land, labor, capital, time and money.

Weekly Roundup: From Slow Shopping to Fast Shipping

Our everyday economics include consumption expenditures, Pigovian taxes, variable pricing,economies of scale, unskilled labor, national income and the money supply.

Explaining Why Doctors’ Waiting Rooms Have Old Magazines

While the BMJ has some fun with a study of disappearing waiting room magazines, an economist could use the tragedy of the commons to explain why.

Choosing Between Male and Female Bosses

Resulting in gender job discrimination and talent underutilization, past practice shapes future preference when choosing men as bosses and athletic coaches.