Posts Tagged ‘incentive’

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    Appreciating the Market

    Mar 30, 10 • 120 Views • Demand, Supply, and Markets, Economic Thinkers, GovernmentNo Comments

    In a recent WSJ interview, Nobel laureate Gary Becker tells us that, “Markets are tough to appreciate.” The reason, he says, is people feel government can better care for them than a profit seeking individual. Calling markets...

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    Unintended Consequences

    Mar 15, 10 • 110 Views • Regulation, Thinking EconomicallyNo Comments

    New rules might not always have the results regulators expect.  Starting on April 29, any airplane that sits on the tarmac for longer than 3 hours will be fined up to $27,500 per passenger.  For a Boeing 737, that could mean $4 million. ...

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    More Heath Care Thoughts

    Mar 2, 10 • 103 Views • Thinking EconomicallyNo Comments

    Looking at yesterday’s Wall Street Journal editorial article on Indiana’s health care approach, I wondered why no one refers to incentive when assessing alternative legislation. Indiana offers a Health Savings Account (HSA) option to state...

  • Silent Salons

    Feb 8, 10 • 112 Views • Thinking EconomicallyNo Comments

    The Spanish Society of Authors (SGAE) receives a steady stream of income from Spain...

  • Tiny Taxes…Big Results

    Jan 28, 10 • 92 Views • Thinking EconomicallyNo Comments

    Journalists discussing the D.C. bag tax think they are on to something. 1.The small tax has a better chance of being passed. Seattle refused to accept a $.20 bag tax. D.C. said $.05 was okay. 2. Because of the tax, people perceive bags entirely differently....