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.

  • Sometimes Flying Costs More Than Money

    Jul 14, 12 • 527 Views • No Comments

    What to do when you’ve paid extra for an aisle seat and a person asks you to switch with his wife so that they can sit next to each other? Do you say yes or endure his irritation through the entire flight? Watching, an economist might have cited a negative......  [read more]

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    What is the Fiscal Cliff?

    Jul 11, 12 • 443 Views • No Comments

    The fiscal cliff is composed of 8 tax and spending events. Permitting all to occur might be the equivalent of jumping over the edge in an economic dive. Tax Increases Bush era tax cuts: expire 2010-2011 2% payroll tax cut: expires Affordable Care Act taxes:......  [read more]

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    Indian Cola Wars

    Jul 10, 12 • 1663 Views • No Comments

    In the Indian Cola market, Coke is #3, Pepsi is #2 and Thums Up is #1. Thums Up? More orangy and fizzy than Coke, Thums Up was created by local businessmen when Coke left India in 1977.  Coke exited with Pepsi because a new law mandated that they would have......  [read more]

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    A Trademark Sandwich

    Jul 9, 12 • 546 Views • No Comments

    Combine either corned beef, pastrami, turkey or salami with 2 large latkes (potato pancakes) and you have a $24.95 lunch that Manhattan’s 2nd Avenue Deli calls its Instant Heart Attack Sandwich. Because the Heart Attack Grill of Las Vegas threatened a......  [read more]

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    Getting More Power

    Jul 8, 12 • 429 Views • No Comments

    After Hurricane Irene last August, I lost my electricity for 8 days. Then, only weeks later, after a surprise snow storm, all over again, 8 days without power.  Facing a similar plight last week, economist Arnold Kling asked why the lights were out for so......  [read more]