Using road design as an example, we can show how innovation in our transportation infrastructure can improve productivity.
Weekly Roundup: From Nibbling Nachos to Sipping Starbucks
Our everyday economics includes risk, externalities, purchasing power, complementary goods, capitalism, money supply, human capital, and innovation.
The Cost of a Parmesan Catastrophe
The cost of a natural disaster tends to be higher in dollars in developed nations and in victims in the developing world.
Weekly Roundup: From Speed Eating to Slow Aging
Our everyday economics includes development, automation, taxes, fiscal policy, GDP, entitlements, entrepreneurs, negative externalities and environment.
Why Marijuana is Not Green
Legalizing recreational marijuana, government has created environmental negative externalities by substantially increasing the number of local growers.
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.