Our weekly roundup includes stories from everyday economics that relate to creative destruction, taxation, price floors, labor markets and entitlements.
Economist Casey Mulligan says that the Affordable Care Act will impact labor markets by diminishing productively through perverse incentives.
The price floor in France's Anti-Amazon Law protects independent booksellers and their cultural contribution but diminishes efficiency and raises prices.
The lottery that Slovakia uses to catch VAT tax dodgers reflects fiscal challenges that eurozone countries like Germany and the Netherlands do not face.
For 350 years, the Russian government has optimized the money it gets from vodka sales by creating a monopoly that takes advantage of inelastic demand.
Moving from records to digital, the music industry has undergone creative destruction but the length of a song between 3 and 4 minutes has been the same.
Because obesity related diseases increase entitlement spending, should government use penalties rather than incentives to slim the US population?
Our weekly roundup includes stories from everyday economics that relate to the market, the minimum wage, the price system and productivity & human capital.
Estonia's market economy resulted from eurozone membership, human capital and infrastructure development and fiscal discipline.