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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    A Broccoli Mandate?

    Jan 21, 11 • 220 Views • No Comments

    For one federal district judge, deciding whether parts of the new health care reform law are constitutional relates to, “What is economic?” Our story begins with a court hearing in Florida on December 16. States opposing the health care reform law...  [read more]

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    Pay-As-You-Throw

    Jan 19, 11 • 234 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 • 260 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 • 225 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 • 214 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]