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 Seven Billionth Baby

    Oct 29, 11 • 324 Views • No Comments

    On October 12, 1999, according to the United Nations, the 6 billionth person (approximately) in the world was born. At the time, the UN projected the arrival of number 7 billion during 2013. Now though, the due date has been changed to this Monday. With 8 and......  [read more]

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    Innovation and Jobs

    Oct 26, 11 • 2723 Views • No Comments

    Just say, “More productivity, R & D and economies of scale,” and you are talking about large firms. New Yorker financial columnist James Surowiecki reminds us that too often we glorify small businesses and forget how A&P, Walmart and their......  [read more]

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    The Blackberry Disruption

    Oct 18, 11 • 302 Views • No Comments

    Last week’s Blackberry blackout saved lives. In Dubai, traffic accidents dipped 20%. For Abu Dhabi, the decrease was 40%. Considering that there is approximately 1 traffic accident every 3 minutes in Dubai and a traffic fatality every 2 days in Abu......  [read more]

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    More Sole Rights

    Oct 16, 11 • 356 Views • No Comments

    Should a musician be happy with file-sharing and piracy? Maybe. According to a recent study of counterfeits, certain businesses should welcome “fakes.” The study looked at counterfeit footwear from China. Sold in the U.S., the fakes affected the......  [read more]

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    October Stock Markets

    Oct 11, 11 • 361 Views • No Comments

    During October 1907, when the stock market crashed and the banking system panicked, we had no central monetary authority. We just had J.P. Morgan. “Why don’t you tell them what to do, Mr. Morgan? (Belle da Costa Greene, J.P. Morgan’s......  [read more]