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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    Do You Care If You’ve Got Mail?

    Dec 5, 11 • 312 Views • No Comments

    In Canada, when postal workers went on strike because of wage cut proposals, many people were saying, “Who Cares?” In the U.S., Hallmark and Amazon have said that they do care about the future of the Postal Service. If asked, approximately 650,000...  [read more]

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    Why Can’t the U.S. Postal Service Think Outside the Box?

    Dec 5, 11 • 364 Views • No Comments

    Do you wear a Yankee hat or a college sweatshirt? Our society approves of adopting a superior team or attending an elite college. According to NY Times journalist David Brooks, for sports and schools, we can aspire to the top. In addition, inequality is okay...  [read more]

  • Equality or Efficiency, the Size of the Pie and Each Slice

    A Plymouth Plantation Reprise

    Nov 24, 11 • 294 Views • No Comments

    Perhaps even more relevant today, this was our blog for last Thanksgiving: In 1623, two years after the first Thanksgiving, Governor William Bradford was worried about Plymouth’s food supply. The problem, he concluded, was that people shared whatever...  [read more]

  • The ROI From College

    College Matters

    Nov 23, 11 • 343 Views • No Comments

    Assume you are an 18 year-old high school graduate with $102,000 to use for a lifelong investment. These are your choices: triple-A rated bonds housing common stock Bachelor’s Degree (4 year college) Associate’s Degree gold long term treasuries...  [read more]

  • Medicare Payments

    Nov 23, 11 • 297 Views • No Comments

    http://economix.blogs.nytimes.com/2011/11/11/equalizing-payments-for-medical-care/ For each procedure, you have a provider and a recipient. Same procedure. Different “reimbursement” D...  [read more]