Regulation

In a market economy, regulation can help or hinder economic activity. Looking at topics that include the environment, financial instruments and anti-trust and past and present Supreme Court cases, econlife considers regulation when it investigates the US market economy.

  • Ice cream stores

    Double Dips

    Aug 7, 11 • 370 Views • No Comments

    We do not know whether a double dip has begun. Cascading during 2008 and the first half of 2009, the GDP then began to climb. Only if it drops again will we have a double dip. In the NY Times, financial journalist Floyd Norris does a beautiful job of...  [read more]

  • 16532_8.4_000010607870XSmall

    Government Matters

    Aug 4, 11 • 305 Views • No Comments

    Which do you prefer, “free” or “fair?” We have free speech, a free press, freedom of religion. The Declaration of Independence, the Constitution and the Bill of Rights refer to “free” but never “fair.”...  [read more]

  • 16518_2.21_000006135757XSmall

    The Power of the Market: Part 2

    Jul 28, 11 • 275 Views • No Comments

    World oil demand has hit a new high. But not from everyone. Called the “New World” and “Old World” by economist Ed Yardeni, you can see through his graphs, the divide in world oil demand. China, India, Brazil and other emerging...  [read more]

  • 16516_11.11_000012487089XSmall

    The Power of the Market: Part 1

    Jul 27, 11 • 385 Views • No Comments

    Maybe the market is more powerful than the Congress. First, some history… Hoping that farmers would earn a living wage, in 1933, the U.S. government decided to subsidize crop prices. The goal was “parity,” a level of purchasing power that...  [read more]

  • 16502_7.20_000016323114XSmall

    Venezuela’s Economic Problems

    Jul 20, 11 • 716 Views • No Comments

    Venezuela has 2 basic economic problems: The law of supply: Because price and quantity move in the same direction, if price goes down, then producers provide less. This takes us to Venezuela’s 27.1% inflation rate. President Hugo Chavez responded by...  [read more]