Posts Roundup Sunday 10.11.15 Why we stick with a brand…more Monday 10.12.15 The many meanings of the minimum wage…more Tuesday 10.13.15 How a drone port solves road problems…more Wednesday 10.14.15 Development surprises from a new Nobel winner…more Thursday 10.15.15 Finding disappearing jobs…more…
If the first drone airport is built in Rwanda, they will have achieved a transportation infrastructure leap and eliminated the need for expensive roads.
Our economic news summary includes chicken sandwiches, reefers and the supply chain, the internet and the information infrastructure and the federal budget.
With more than roads, bridges and railroads, our transportation infrastructure includes the reefers (refrigerated containers) that facilitate globalization.
Our everyday economics includes central planning, unintended consequences, comparative advantage, transportation infrastructure, cost & developing nations.
Using road design as an example, we can show how innovation in our transportation infrastructure can improve productivity.
As we improve our transportation infrastructure, the roundabout has become increasingly attractive because of safety, ease and cost.
Our everyday economics includes wages, externalities, productivity, income, tradeoff, taxes, fiscal policy, gender, human capital and comparative advantage.
Because of a low gasoline tax, the Highway Trust Fund does not have enough money to maintain the transportation infrastructure of highways and mass transit.