July 31, 2015
Aquaculture created the comparative advantage that led to shrimp mass production and global trade that diminished the domestic shrimp industry.
July 30, 2015
Because the presence of women in Major League Baseball (MLB) management positions is very small, they have diminished their talented human capital supply.
July 29, 2015
Because of a low gasoline tax, the Highway Trust Fund does not have enough money to maintain the transportation infrastructure of highways and mass transit.
July 28, 2015
Personal income relates to how long we sleep. Less sleep can diminish the productivity that brings a higher wage. But also, less sleep means more work time.
July 27, 2015
Because the externalities created by free shipping include the need to cut costs, Bubble Wrap will need to be replaced by cheaper protective packaging.
July 26, 2015
A minimum wage hike causes labor intensive fast food restaurants to exit the market, capital intensive restaurants to enter and the number of jobs to drop.
July 24, 2015
Although people in the eurozone want a single currency and their leaders want unity, monetary union problems create political distrust and disunity.
July 23, 2015
Weighing cost and benefit for Seattle's recycling environmental regulation involves privacy, dollars, time, and respect for the law and our environment.
July 22, 2015
Focusing on production and distribution, economists look at the role of markets and of government when they try to determine what causes and ends famines.
July 21, 2015
Left to fluctuate freely, a price can tell us information about social norms, efficiency, technology, incentives, quality and supply and demand.
July 20, 2015
July 19, 2015
The reasons for relatively smaller increases in U.S. productivity are a mystery that could involve understating the new sharing/data economy.