Posts Tagged ‘demand and supply’

  • Everyday Economics and impact of gender equity for gays and lesbians

    Marrying Up in China

    Jan 13, 14 • 1228 Views • No Comments

    “There is an opinion that A quality guys will find B quality women, B  quality guys will find C quality women, and C quality men will find D quality women…The people left are A quality women and D quality men.” Huang Yuanyuan,......  [read more]

  • Colorado recreational marijuana regulation

    Is Colorado’s Marijuana Tax Too High?

    Jan 2, 14 • 2612 Views • No Comments

    Colorado has a nasal ranger. Concerned with the increasing odor of marijuana in the streets now that its recreational purchase is legal, Colorado has made it possible to quantify the smell. Last year, between January and September, 11 of Denver’s 85......  [read more]

  • New Year's Resolution Top Ten Ways to Sound Like Economist

    Top Ten Ways to Sound Like an Economist

    Jan 1, 14 • 1209 Views • 2 Comments

    You might find it handy sometimes to sound like an economist. Here are the top ten ways: 1. Whatever the question, always answer, “There’s no such thing as a free lunch.” 2. Defend a decision by declaring, “It was worth the opportunity......  [read more]

  • Everyday economics and Uber

    How High Can a Taxi Fare Go?

    Dec 28, 13 • 1753 Views • No Comments

    Tough to get in rain, ice or snow, NYC cabs never seem to be around when I need them. That is what makes Uber such a great story. First used in San Francisco, the idea behind Uber was to make more rides available when city licensing codes prohibited it. Since......  [read more]

  • Negative Externality Church Bells

    Church Bell Economics

    Dec 27, 13 • 1170 Views • No Comments

    Irritated that church bells had been awakening them before 7 a.m., in 1879 a group of New Yorkers complained to the city Board of Health. They said the chimes violated Section 177 of the Sanitary Code and  endangered their health. Fast forward to 2013. A......  [read more]