May 19, 2015
While opponents of the TPP free trade deal cite currency manipulation, cheaper exports from countries with cheaper currencies save money for U.S. buyers.
May 18, 2015
While a government task force will soon report on how to deal with the increase in honeybee deaths, instead the market system could solve the problem.
May 17, 2015
Expensive for employers and society, smoking is a habit that requires cleverly designed commitment devices for successfully getting people to quit.
May 15, 2015
The externalities that result from industrialization and economic vitality include how fast we walk, our pace at work and our attitude about time.
May 12, 2015
Creating perverse tax incentives, tax section 280E stops legal marijuana businesses from taking deductions because it is a federally controlled substance.
May 11, 2015
May 6, 2015
Influencing college admissions, job opportunities and how smart people think you are, your name affects your human capital development.
May 5, 2015
As cargo ships become larger, the supply chain benefits of their economies of scale are offset by the externalities they create at ports and beyond.
May 1, 2015
April 30, 2015
Increasingly mechanized, farms first used simple capital, next motorized machines, then giant combines and now robots for produce to increase productivity.
April 29, 2015
Replacing the inconsistencies of the current calendar, in finance and production, the 13-month calendar would create positive externalities for businesses.
April 28, 2015
Although pacts like the TPP are politically controversial, economists have supported free trade since David Ricardo explained comparative advantage,