Weekly Roundup: From Marijuana to the Metric System

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

The Cost of Curing Different Diseases

Whether health insurance or individuals pay for healthcare, treatment decisions relate to the opportunity cost of using the time, money and resources.

Our Weekly Roundup: From Free Music to Cheap Oil

This week’s everyday economics involves opportunity cost, regulation, behavioral economics, GDP, automation, innovation, supply and demand and productivity.

The Downside of Cheap Oil

Cheap oil creates a tradeoff for GDP growth between a consumer spending more and oil producers cutting back on jobs and investment.

Why Humane Treatment is Good Economics

Economic reasoning that focuses on opportunity cost can be added to humane treatment in the list of reasons for eliminating pigs’ gestation crates.

Our Weekly Roundup: From Being Cool to Being a Wise Investor

This week’s everyday economics stories included spillover, externalities, incentive, opportunity cost, sovereign debt, demand and financial intermediaries.

The Unintended Consequences of Daylight Saving Time

We should cancel daylight saving time because studies show that the opportunity cost of energy use has changed since Ben Franklin suggested “early to rise.”

There Is No Such Thing as a Free Charge

Electric vehicle subsidies change a slew of incentives that range from car purchases to commuting and parking decisions.

What Legislators Spend on Themselves

A small part of fiscal policy, Senate and House spending on themselves nonetheless is enlightening because of its message.

The Best Places For Growing Old

With populations growing older in the developed world, their wellbeing might affect the GDP growth rate because of the expense of their care.