Weekly Roundup: From Burgers to Boomer Demographics

Our everyday economics includes disposable income,competition,externalities, standardization,entrepreneurs,federal budget, R&D, labor and dependency ratios.

Weekly Roundup: From Potato Chips to Pregnancy

Our Posts Roundup  Sunday 12.07.14 Innovative potato stories…more    Monday 12.08.14 The pregnant UPS lady who sued her boss…more    Tuesday 12.09.14 Measuring inflation can be tough…more    Wednesday 12.10.14 Why Congress creates economic uncertainty…more    Thursday 12.11.14 The ways that…

GDP: Does Lady Gaga Count?

The United States just got a little richer but not because of the economic recovery. We are just changing what is included in the GDP. First a little history. I have always been fascinated by the story of Simon Kuznets. A…

An Apple’s Patent

This apple has bites rather than bytes but like its namesake it was patented and took years to develop. When its U.S. patent expired in 2008, it had generated close to $6 million for the University of Minnesota and is…

Sounds Like Bell Labs

Google has a “secret” lab. Called Google X by the NY Times, it sounds like the old Bell Labs. Before 1984, when AT&T was a monopoly, their research subsidiary Bell Labs employed a battalion of scientists. For some, the assignment…

Who Should Do Drug Research?

Yes or No? Government should pay for high school education? A court system? Roads? Lighthouses? Drug research? In his blog, Mike Mandel disagrees with spending plans for the National Institutes of Health. As described by the NY Times, a National…

Banana Worries

The banana could be in trouble. According to a New Yorker article and video, a devastating banana fungus has struck banana plantations in Asia, Australia and the Pacific. We should note, though, that we are referring only to the Cavendish…