The Hidden Result of Reducing Carbon Emissions

Creating incentives for reducing emissions, we need to recognize how our carbon friendly behavior affects subsequent decisions.

Weekly Roundup: From Sneaker Markets to Housing Markets

Our weekly roundup includes the ups and downs of sneaker and housing markets, how women’s human capital has been wasted and healthcare cost contradictions.

How Healthcare Spending Resembles the Steam Engine

While retail health clinics were supposed to cut healthcare spending, they might be increasing costs because of extra visits caused by their convenience.

Our Weekly Roundup: From Dental Care to Haircuts

This week’s everyday economics stories include income elasticity of demand, positive externalities, GDP, economic indicators, human capital & entitlements.

The Unexpected Consequences of More Efficient Lighting

Like 19th century English coal, more efficient and cheap LED lights can mean people and businesses use it more because of the lower opportunity cost.

Energy Efficiency Surprises

Our Wednesday Environmental Issue: Trying to optimize energy efficiency, we might have unexpected results. First, where we live… Referring to an environmentally friendly community where he once lived, New Yorker writer David Owen described his 750 square foot dwelling. 77% of the households in his community did…

Unexpected Consequences From Fuel Economy

Hoping to cut costs at the pump and buy less foreign oil, President Obama said in his 2014 State of the Union address that medium and heavy duty vehicles would be the next target. A part of the CAFE mandate…

It’s Not Easy Being Green

In our school parking lot, we have prime spaces that are reserved for employees who drive a hybrid or electric car. After reading Ed Glaeser’s new paper, “The Supply of Environmentalism,” I realized that bestowing these tangible benefits on green…

Incentives: Environmental Surprises

Talking to a group of us in Nantucket last night, New Yorker writer David Owen referred to the environmentally friendly community where he first lived after college. His home was a 750 square foot dwelling, so close to his neighbors…

Gas Tax or CAFE?

The goal is energy conservation. But what is the best way? During the end of August, our newest fuel economy standards were announced. Now CAFE, our Corporate Average Fuel Economy mandate, is close to 29 miles per gallon. The goal…