Although people in the eurozone want a single currency and their leaders want unity, monetary union problems create political distrust and disunity.
Weighing cost and benefit for Seattle's recycling environmental regulation involves privacy, dollars, time, and respect for the law and our environment.
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.
The reasons for relatively smaller increases in U.S. productivity are a mystery that could involve understating the new sharing/data economy.
As an innovation, the bicycle was a stepping stone that helped human capital move onward to other inventions like the airplane, the auto and better roads.
By asking Apple to pay her and other artists when customers get their music for free displays Taylor Swift's understanding of the basics of capitalism.
Among the least popular forms of taxation, property taxes are the most desirable because of their incentives, whom they target and their resilience.
Comparing debt to GDP is like looking at a mortgage loan and household net worth. It can help us decide when a sovereign debt became too large.
To the dollars families spend on children, we can add the cost of stress from the time we devote to developing a child's human capital.
Regulation can have unintended consequences. With football helmets or seat belts or even financial regulation, protection can create more reckless behavior.
To grasp the huge size of the U.S. GDP we can identify countries that have similar nominal output to individual states like California and Brazil.
Through a cost and benefit approach to crime control, the limited money available for municipal spending can be spent most efficiently.












