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.

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    High and Low Gas Prices

    Mar 16, 12 • 436 Views • No Comments

    Why is the average price of a gallon of regular gasoline in Wyoming close to $3.36 and New York, $4.00? Location and regulation. Wyoming produces oil, it refines it, and, its taxes are among the lowest in the country. Also because of good location and less......  [read more]

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    Employment’s Bottomless Pit

    Mar 13, 12 • 470 Views • No Comments

    By Mira Korber, guest blogger. The U.S. economy added 227,000 jobs in February. That’s more than the 210,000 jobs economists forecast for the month, though the current unemployment rate is still high: 8.3%. (For a different take on the issue, read......  [read more]

  • The Surprising Glass Ceiling in Sweden and France

    The Best Places to be a Woman

    Mar 9, 12 • 437 Views • No Comments

    In colonial Massachusetts, the law required boys to attend school while girls were primarily educated at home. Because it was illegal for a married woman to own land, Abigail Adams had to use John’s name anytime she bought or sold land. And Abigail......  [read more]

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    Apple Looks Unappetizing in Argentina

    Feb 29, 12 • 557 Views • No Comments

    By Mira Korber, guest blogger. While wandering the streets of Buenos Aires, I wondered why the shop windows seemed devoid of any new Apple products. Electronics stores touted the antepenultimate model of the iPod Nano as the new (overpriced) great thing. I......  [read more]

  • Friction Free Clicks

    Feb 26, 12 • 427 Views • No Comments

    Which friction minimizing invention received a patent in 1999? Amazon 1-Click. Described by Amazon in their application for patent 5,960,411, the purchaser just hits a button that activates the movement of payment information from “the client......  [read more]