Posts Tagged ‘cost and benefit’

  • Cost and benefit balance change for dealing with global warming if it creates a national security threat.

    An Unexpected Cost of Climate Change?

    May 21, 14 • 814 Views • No Comments

    Our Wednesday Environment Focus By Madeleine Vance, guest blogger and student at Kent Place School; edited by Elaine Schwartz Global Warming has become more than just a threat to the environment. In the movie “Carbon Nation,” former army colonel Dan......  [read more]

  • Gary Becker opened a new world when he used economics to study human behavior

    The Rotten Kid Theorem and Other Gary Becker Ideas

    May 6, 14 • 691 Views • No Comments

    Gary Becker image courtesy of University of Chicago. All too often, if you say you are looking at the economics of the family, people assume you are talking about money. Nobel Laureate Gary Becker, who died this week (1930-2014), changed all of that.  At......  [read more]

  • Attracted by lower taxes and lighter regulation, businesses are moving to Texas from states like California.

    An Offer Sriracha Cannot Refuse?

    May 3, 14 • 466 Views • No Comments

    Hearing tax incentives and “sensible” regulation, will Sriracha move from Irwindale, California to Texas? Last year, Irwindale residents complained that the local Sriracha processing plant was a “public nuisance.” Hearing that their......  [read more]

  • Ask Alexa Economic Advice from econlife.com

    Your “ROI” From Braces

    Apr 30, 14 • 843 Views • No Comments

    Dear Alexa, At work, I have become ashamed of my less-than-perfect smile since I am surrounded by colleagues who had the luxury of wearing braces in their youth.  Should I get braces to perfect my smile, even though I am no longer in high school? Sincerely,......  [read more]

  • Line standing tradeoffs

    How Much to Pay For a Line Waiter?

    Mar 30, 14 • 902 Views • No Comments

    If a lobbyist wants to go to a congressional hearing but cannot do the line, she can hire a line stander. Maybe 30 minutes before entering, the customer takes the place of the “waiter.” Saying they have “significant expertise in all of the......  [read more]