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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    The Power of the Market: Part 2

    Jul 28, 11 • 276 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]

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    The Power of the Market: Part 1

    Jul 27, 11 • 387 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]

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    Venezuela’s Economic Problems

    Jul 20, 11 • 721 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]

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    Finding Food Deserts

    Jul 18, 11 • 352 Views • No Comments

    Having just learned that the US Department of Agriculture (USDA) has a food desert website, I am not sure how we should respond. The USDA tells us that in a food desert most low-income households have limited access to a supermarket or grocery store. In the...  [read more]

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    Amazon vs. California

    Jul 17, 11 • 405 Views • No Comments

    According to the Seattle Times, in 1996, Amazon’s CEO, Jeff Bezos said, “You have to charge sales tax to customers who live in any state where you have a business presence. It made no sense for us to be in California or New York.”...  [read more]