Posts Tagged ‘equilibrium’

  • Is the Market Ethical?

    Jan 12, 10 • 208 Views • Demand, Supply, and Markets, RegulationNo Comments

    Some people believe that government should control areas that we consider most valuable while others say precisely the opposite. The “war” between government believers and market believers was evident in Saturday’s Wall Street Journal.

  • More Than a Price

    Dec 27, 09 • 153 Views • Thinking EconomicallyNo Comments

    Listening to a wonderful Radio Lab (WNYC 10/09/09) podcast on Numbers, I started to think about a comment about what you can learn from a gas pump. $1.40? Maybe a teenager with little to spend. $10.04? Probably a cash payment but the attendant did not turn

  • Who Should Get A Kidney?

    Dec 23, 09 • 183 Views • Behavioral Economics, Demand, Supply, and Markets, Households, Regulation, Thinking EconomicallyNo Comments

    Some say that it is unethical to pay someone for a kidney while others say it is unethical to use a method (a government list) that makes fewer donor organs available. As always, choosing is refusing. The debate continues in a recent NY Times article: