As a technological innovation, air conditioning led to a ripple of positive externalities. Affecting how we live and work, it had private and social return.
When the Federal Reserve's three basic monetary policy tools did not work, it created quantitative easing to up economic growth and decrease unemployment.
Central planning through large firms could not replace the consistency and environmental benefits of a zabaleen system for trash removal In Cairo, Egypt.
Electric vehicle subsidies change a slew of incentives that range from car purchases to commuting and parking decisions.
More than the disease itself, ebola's GDP impact from aversion behavior is rippling through West Africa domestically and in international trade.
Embargoing goods from countries that imposed sanctions, Russia included McDonald's and ignored the benefits of David Ricardo's comparative advantage.
While the BLS has leading, lagging and coincidental economic indicators that it follows, the MUI and the lipstick index can also be an economic indicator.
To avoid inelastic demand, a sugary drink tax would need to increase price substantially. Current taxes that average less than 5% have little impact.
The courts will decide intellectual property rights when they say whether Dov Seidman can trademark the word How and stop Chobani from using How Matters.












