Economic Debates

Most economic decisions can be debated. We have to decide whether we want higher or lower taxes, where to cut government spending, whether the deficit matters, if a business should have more regulation, if marginal analysis should affect environmental regulation. Learning about economics involves defending policy alternatives.

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    Pay-As-You-Throw

    Jan 19, 11 • 248 Views • No Comments

    Hearing Beethoven’s Fur Elise, a Taiwan resident knows the garbage truck is near. As described by a Washington Post writer, entire neighborhoods assemble with their garbage as the truck approaches. Called pay-as-you-throw (PAYT), through unit-pricing,...  [read more]

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    State Dilemmas

    Jan 16, 11 • 275 Views • No Comments

    Do higher taxes make you want to move? Hearing that taxes were going up in Illinois, the governor of Wisconsin said, “Escape to Wisconsin.” According to census figures, people do seem to be moving to no income tax states. One journalist explains...  [read more]

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    How Much Should Grandma Pay?

    Jan 14, 11 • 237 Views • No Comments

    When your Grandma gets her yearly physical, the doctor gets a check from the government. Did you ever wonder, though, who decides how much? Because she had to sign up for Medicare at 65, the market did not decide the price and neither did her doctor. Instead,...  [read more]

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    Solar Panel Comments

    Jan 11, 11 • 229 Views • No Comments

    Sometimes there’s much more behind a solar panel than you would expect. Solar energy was in the news because the U.S. Congress, hoping to support U.S. production, has prohibited the Department of Defense from buying Chinese made solar technology. And...  [read more]

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    Doomster or Boomster?

    Jan 6, 11 • 1106 Views • No Comments

    Agree or disagree? “Both the jayhawk and the man eat chickens, but the more jayhawks, the fewer chickens, while the more men, the more chickens.” The quote is from 19th century economist Henry George but it relates to a report from the FAO (Food...  [read more]