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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    Leap Seconds

    Jan 6, 12 • 444 Views • No Comments

    The earth is supposed to rotate every 24 hours. Sometimes, though, it takes less time and sometimes it takes more. So, to be precise, we depend on atomic clocks. And therein lies the problem.  Increasingly, Solar Time (earth rotation time) deviates from......  [read more]

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    The Good Life…For Cows

    Dec 31, 11 • 375 Views • No Comments

    I suspect that the life of a cow producing organic milk got better last June. For their owners, though, business surely became more complicated. According to a new USDA rule, any milk labeled organic now has to come from a cow that spends much more time in......  [read more]

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    Plane Colors

    Dec 25, 11 • 389 Views • No Comments

    If you are flying during the holidays, do take a look at the color of your plane. Is it rather bland? The reason is deregulation. After 1978, when government stopped approving fares, guaranteeing profits, and allocating routes, the world of flying changed.......  [read more]

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    Inheritance Issues

    Dec 19, 11 • 996 Views • No Comments

    From 1941 to 1976, for $10 million and more, the top federal estate tax rate was 77%. $10 million in 1941 would equal $153,897,959.18 today. $10 million in 1976 would equal $39,759,226.71 today. Referring to new federal estate tax legislation......  [read more]

  • Organ Markets

    Dec 8, 11 • 447 Views • No Comments

    When a San Francisco court said that certain bone marrow donors could be paid, they did not have to focus on medicine. Instead, the 3 judge panel could have discussed the market. The court said it was all about new technology that made bone marrow donation......  [read more]