Whether deciding how to divide boats in Santa Barbara harbor, a cake, or tax revenue, fair distribution requires knowing what different people say is fair.
Looking at Sweden’s steadily rising carbon tax, we can ask what it is, what it does, and why the people accept so high a rate.
With Silicon Valley being called a massive ATM, researchers looked at the opinions of elite technology entrepreneurs to see their political influence.
This week’s economic news summary includes Apple’s corporate taxes, Santa’s GDP connection, seasonal spending, the gender gap and the brain and shopping.
Our everyday economics includes externalities, branding, monopolistic competition, sovereign debt, game theory, elasticity, taxes, markets and the glass ceiling.
Our Posts Roundup Sunday 3.01.15 Handy notes from Warren Buffett…more Monday 3.02.15 The basics of Greek tax evasion…more Tuesday 3.03.15 Insight about airline queues…more Wednesday 3.04.15 Why we subsidize Brazilian farmers…more Thursday 3.05.15 What an ATM can teach us…more …
Partially reflecting more women in the labor force, the participation rate rose from the 1970s until recently but now the mystery is why it is falling.
This week’s everyday economics involved 6 economists and such ideas as product differentiation, behavioral economics, marginal utility, price and trade.