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September 15, 2014
Everyday economics, new iPhones and conspicuous consumption.
September 15, 2014
Will Conspicuous Consumption Add to iPhone 6 Sales?

As an oligopoly, through pricing power and product differentiation, Apple takes advantage of the conspicuous consumption customers could experience.

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September 12, 2014
By negatively affecting labor markets, the Affordable Care Act will diminish productivity according to economist Casey Mulligan.
September 12, 2014
Why Would a Firm Not Want 50 Employees?

Economist Casey Mulligan says that the Affordable Care Act will impact labor markets by diminishing productively through perverse incentives.

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September 11, 2014
Everyday Economics and The price floor that preserves the higher prices from the independent bookstore and its cultural virtues sacrifices market efficiency.
September 11, 2014
How Much Do You Care About Your Independent Book Store?

The price floor in France's Anti-Amazon Law protects independent booksellers and their cultural contribution but diminishes efficiency and raises prices.

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September 10, 2014
Weekly economic news roundup and lottery ticket spending
September 10, 2014
How To Catch Tax Dodgers With a Lottery

The lottery that Slovakia uses to catch VAT tax dodgers reflects fiscal challenges that eurozone countries like Germany and the Netherlands do not face.

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September 8, 2014
Although creative destruction has transformed the music industry's technology, still songs are the same length.
September 8, 2014
The Long Life of the 3 to 4 Minute Song

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.

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September 7, 2014
Everyday Economics — Oil stories
September 7, 2014
Where Do the Slimmest Americans Live?

Because obesity related diseases increase entitlement spending, should government use penalties rather than incentives to slim the US population?

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September 5, 2014
The internet culture that included online based tax collection and computers as a part of the education system related to the market economy that Estonia developed.
September 5, 2014
From Estonia: Cheap International Calls, Priceless Tweets

Estonia's market economy resulted from eurozone membership, human capital and infrastructure development and fiscal discipline.

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September 4, 2014
household spending
September 4, 2014
A Tale of Two Cities… and One Mall

Half […]

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September 2, 2014
Air Force One presidential jets
September 2, 2014
Economic Thoughts About Presidential Relaxation

In the Great Recession (Bush) and the Panic of 1907 (Roosevelt), we saw that the U.S. President need not appear to be running monetary and fiscal policy.

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August 26, 2014
Everyday Economics: While short term GDP spending increases, the impact on the economy from a disaster is probably not beneficial.
August 26, 2014
Can an Earthquake Be Good for the Economy?

19th century economic writer Frederic Bastiat warned that a disaster spending GDP boost is misleading because of unseen sacrificed economic activity.

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August 25, 2014
Condemned by many people including President Obama, corporate inversions might not be the problem. Instead we should reconsider the corporate tax.
August 25, 2014
Corporate Tax Dilemmas

When firms diminish their corporate tax rate legally with a corporate inversion, the debate should be about overly complex corporate tax laws.

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August 22, 2014
Whether looking at the price of food in Russia or at exports to Russia, supply and demand can explain price changes from the Russian embargo.
August 22, 2014
Impact of the Russian Trade Embargo on Ikea's Swedish Meatballs

Supply and demand explain the impact of the Russian embargo on goods in Russia and on the countries that export items to them like poultry and fish.

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