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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    Who Are We?

    Sep 29, 11 • 256 Views • No Comments

    Environmental concerns? You might want to look at what the The American Community Survey for 2010 says about who drives alone to work (105 million) and how many of us take public transportation (7 million). If education is your focus, one table in the Survey...  [read more]

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    An Aviator Stuntman and the Stimulus

    Sep 28, 11 • 273 Views • No Comments

    You’ve probably never heard of Lincoln Beachey. An aviation pioneer, Beachey flew at the beginning of the 20th century. During one of his first air exhibitions, Beachey did something totally terrifying when his plane stalled. The opposite of what anyone...  [read more]

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    A “Jersey Shore” Controversy

    Sep 24, 11 • 228 Views • No Comments

    Called the “Snooki subsidy,” the firm that produced MTV’s “Jersey Shore” just received a $420,000 tax credit from the NJ Economic Development Authority. The purpose? New Jersey hopes to encourage business investment. The problem?...  [read more]

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    Operation Twist Again

    Sep 23, 11 • 241 Views • No Comments

    Operation Twist is a great name but tough to understand. Our starting point is interest rates. When you loan someone $100, you expect to be repaid more. How much extra? It depends on many variables so let’s just look at one. Time. When the federal...  [read more]

  • Decisions Have An Opportunity Cost That Require Tradeoffs

    A Conservation Dilemma

    Sep 21, 11 • 242 Views • No Comments

    Should the Dunes Sagebrush Lizard (aka the Sand Dune Lizard), a 3-inch striped reptile, be listed under the Endangered Species Act? Here is the problem. The home of the Sand Dune Lizard is also the home of the Permian Basin which, according to Forbes,...  [read more]