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.