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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    Tacos Meet Helicopters

    Mar 27, 12 • 412 Views • No Comments

    By Mira Korber, guest blogger. Hunger strikes. You desperately scan Main Street for any sign of your favorite food: tacos. There’s nothing in sight and your handy UrbanSpoon iPhone app has failed miserably in finding restaurants that serve food from......  [read more]

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    The Norwegian Butter Crisis

    Mar 25, 12 • 699 Views • No Comments

    Reserves were low, demand was high and prices skyrocketed. No, not oil. Butter. Butter demand surged in Norway several months ago when a low carb high fat diet swept the nation. At the same time, the supply of butter plunged because wet weather diminished the......  [read more]

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    Greek Red Tape

    Mar 23, 12 • 438 Views • No Comments

    Our story begins with 3 Greek entrepreneurs who want to create an e-commerce business selling olive products. It ends as Oliveshop.com begins to flourish with orders from the U.S., Australia, Japan, Mongolia and beyond. The middle of the story, though, is......  [read more]

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    Burger Wars

    Mar 21, 12 • 811 Views • No Comments

    By Mira Korber, guest blogger. Times have changed. Wendy’s is now the second largest fast food chain restaurant in the US. This interesting Atlantic article describes how Wendy’s savvy marketing pushed BK from second place to third. By focusing on......  [read more]

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    Health Care and Commerce

    Mar 20, 12 • 433 Views • No Comments

    How to define commerce? In 1824, the U.S. Supreme Court was asked to decide if New York State could give a monopoly to a steamboat operator. In his decision, Chief Justice John Marshall rejected the narrow “buying and selling” definition of......  [read more]