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.

  • Obama/Biden and Romney/Ryan Issues

    Election Economics: Assessing Unemployment

    Aug 6, 12 • 500 Views • No Comments

    Let’s look first at unemployment and then at the candidates. 1. Defining unemployment: Our unemployment story starts with the census of 1880.  For the first time, the federal government tried to gauge unemployment by asking all people age 10 or older......  [read more]

  • A Traditional Telephone Book

    What Can You Learn From the Phone Book?

    Aug 5, 12 • 600 Views • No Comments

    Among all of the innovations that changed our lives, have you ever thought about the phone book? The first phone book dates back to 1878. Compiled by the the District Telephone Company of New Haven, soon to become SNET, the Southern New England Telephone......  [read more]

  • Olympic Medal...olympics_000019262071XSmall

    How Much Is An Olympic Gold Medal Worth?

    Aug 4, 12 • 1058 Views • No Comments

    In addition to the gold, silver or bronze, Olympic athletes get money for winning. The amount, though, depends on their National Olympic Committee. The Singapore Olympic Committee gives its gold medal winners $800,000, a UK gold medal winner gets his or her......  [read more]

  • Henry Ford's Model-T

    Ford Déjà Vu

    Aug 3, 12 • 537 Views • No Comments

    Responding to very different incentives, in 1908 and in 2012 Ford designed a lighter car. The first Model-T had a unique chassis. Made of a steel alloy that no other US car maker used, the Model-T was inexpensive, relatively powerful, sturdy and user......  [read more]

  • Stock Markets: Should Wall Street Slow Down?

    Aug 2, 12 • 490 Views • No Comments

    Soon after the New York Stock Exchange (NYSE) opened yesterday, the prices of more than 140 securities moved irrationally. Some were up 150%. Though no one yet has said why, we do know that fast trading computer programs—high-frequency trades—were the......  [read more]