To hear a single-use plastic bag regulation debate, you could go to Kenya or NYC while Rwandans might be discussing their plastic bag black market.…
When Beach-Hogging is a Tragedy (of the Commons)
Beach-hogging is rather similar to air pollution and overfishing because they all create a tragedy of the commons that harms others.…
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 fees̷…
New York’s Bag Fee Fight
The arguments for and against plastic bag fees have created a heated debate about the environment, jobs, shopping and revenue.…
Weekly Roundup: From Raisins to BBQ
Our everyday economics includes property rights, sovereign debt, default,, externalities, regulation, Pigovian taxes, incentive, state taxes, and oligopoly.…
When Business Has to Pass a Smell Test
When a Texas barbecue restaurant or California hot sauce maker emits odors, municipal regulation can focus on quantity or taxes to restrict the pollution.…
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.…
The Seven Ways We Pay For Free Parking
Including congestion, wasted gas, time and emissions, cheap parking creates negative externalities that variable pricing of parking spaces can eliminate.…
A Tax Incentive: Paper Bag Fees
I was just in a store that asked me for 10 cents when I requested a bag for my 2 bananas and an orange. Saying, “No thanks,” I stashed them in my purse. My next stop, a Walgreen’s ag…