Rather than the market system, several doctor suggest that cancer drugs can be priced using variables based on value that include toxicity and efficacy.
Our everyday economics includes scarcity, tradeoffs, cost, sustainability, hyperinflation, gender issues, externalities, African development, human capital.
African development continues to be constrained by problems with electricity generation and access to electricity that affect productivity and mobility.
Called potty parity, equal access to public restrooms for women and men is a gender issue that creates negative externalities for women at work and leisure.
To grasp the huge size of the U.S. GDP we can identify countries that have similar nominal output to individual states like California and Brazil.
Coping with hyperinflation, Zimbabwe finally had to replace their currency with the US. dollar. A low inflation rate should be their monetary policy goal.
With Whole Foods ranking produce as unrated, good, better, best, they are simplifying shoppers' decision making and minimizing choice fatigue.
Through a cost and benefit approach to crime control, the limited money available for municipal spending can be spent most efficiently.
Our everyday economics includes externalities, branding, monopolistic competition, sovereign debt, game theory, elasticity, taxes, markets and the glass ceiling.