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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    Plane Train Competition

    Aug 16, 12 • 485 Views • No Comments

    Should government subsidize a railroad? Our story starts during the 1970s when you could fly from New York to Washington, D.C. on the Eastern shuttle. Eastern left hourly (!) and guaranteed a seat to everyone who showed up for the flight. Imagine, coffee cup......  [read more]

  • The Surprising Glass Ceiling in Sweden and France

    A Female Friendly (Industrial) City?

    Aug 16, 12 • 638 Views • No Comments

    Sometimes it is tough to make your economy more productive. In Saudi Arabia, just one woman at the office means you have to have a thick barrier separating her from everyone else. She needs her own entrance, her own bathroom, and a security guard to be sure......  [read more]

  • The Sugary Beverage Debate

    More Soda Wars

    Aug 14, 12 • 497 Views • No Comments

    If you lived in Richmond, California, would you vote yes or no for their proposed soda tax? The tax is unusual because it does not charge people at the register. Instead, retailers would have to pay a license fee that is based on how many ounces of SSBs......  [read more]

  • Obama/Biden and Romney/Ryan Issues

    Election Economics: Meeting Paul Ryan’s Economic Muse

    Aug 13, 12 • 1118 Views • 2 Comments

    People tend to ask, “Who??” when Friedrich von Hayek is named as Paul Ryan’s economic muse. Our purpose right now is to get to know some Hayek basics to see what Ryan brings to the Romney/Ryan candidacy. Austrian born, a naturalized British......  [read more]

  • 19th Century Urban Transport Was An Environmental Problem

    A Pollution Tale With 2 Happy Endings

    Aug 10, 12 • 604 Views • No Comments

    Sometimes green incentives can have unintended consequences. Our story begins in an airport. About to board a flight, an environmentally concerned individual purchases “carbon offsets.”  Yes, that flight will pollute the air but the offset could......  [read more]