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January 16, 2015
everyday economics
January 16, 2015
The Mystery of the $300 Textbook

Because the college textbook market is a monopoly for each book in which the instructor selects the books and students buy it, prices have skyrocketed.

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January 14, 2015
Everyday economics and missing annual agricultural census numbers on goats and other secondary animals and crops because of budget cutbacks, we have a mystery.
January 14, 2015
The Mystery of the Missing Goats

We have fewer price and quantity signals because agricultural production figures on certain crops and livestock were eliminated because of USDA budget cuts.

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January 13, 2015
marijuana markets growing
January 13, 2015
The Mystery of the Missing Marijuana Money

Federal Reserve monetary policy is not taking account of money from marijuana retailers because banks in Colorado have refused to give them accounts.

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January 12, 2015
income redistribution
January 12, 2015
The Mystery of Why Grads From 4 Year Colleges Earn More

It is a mystery whether college matters because it creates better human capital or creates signals that indicate graduates completed a long-term task.

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January 11, 2015
productivity questions
January 11, 2015
The Mystery of the Disappearing Workers

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.

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January 7, 2015
everyday economics and EU dysfunction
January 7, 2015
How the EU is Like a Dysfunctional Family

Like a dysfunctional family with members who dislike each other, the EU stays together because of the benefits of David Ricardo's comparative advantage.

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January 6, 2015
honeybee
January 6, 2015
What Happens When People Pollinate Better Than Bees?

Pricing ecosystems and the market's practical and ethical dilemmas take us to Malthusian economics and the difficulty of finding a valid conservation tool.

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January 5, 2015
everyday economics and buffet marginal utilitu
January 5, 2015
All-You-Can-Eat Buffet Economics

Explained by Alfred Marshall and evident at restaurant buffet tables, the idea of diminishing marginal utility shows how marginal analysis is valuable.

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January 2, 2015
Housing problems foreshadow business cycle contractions.
January 2, 2015
A Short Version of the Housing Crisis Story

Problems in the housing market frequently signal a contraction in the business cycle as they did through the subprime mortgage crisis.

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December 30, 2014
digitization
December 30, 2014
One Song, Two Graphs and the Fed’s Dual Mandate

Because the Congress established a dual mandate of high employment and price stability for the Federal Reserve's monetary policy, they created a dilemma.

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December 24, 2014
The everyday economics of increasing productivity.
December 24, 2014
What UPS Learned from Henry Ford

Because free shipping creates pressure on retailers to send parcels more cheaply, UPS has had to lower costs by increasing processing productivity.

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December 23, 2014
weekly economic news roundup and gasoline prices
December 23, 2014
Why New Jersey Has Lower Gas Prices Than California

Since gasoline prices vary in the U.S. because of different state taxes and wholesale crude, the impact on consumption expenditures also is different.

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