As an oligopoly, through pricing power and product differentiation, Apple takes advantage of the conspicuous consumption customers could experience.
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.
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?
Estonia's market economy resulted from eurozone membership, human capital and infrastructure development and fiscal discipline.
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.
19th century economic writer Frederic Bastiat warned that a disaster spending GDP boost is misleading because of unseen sacrificed economic activity.
When firms diminish their corporate tax rate legally with a corporate inversion, the debate should be about overly complex corporate tax laws.












