Posts Tagged ‘incentive’

  • Nutella Open Jar

    Demand and Supply: A Columbia Dining Hall

    Mar 9, 13 • 1281 Views • No Comments

    The Nutella-gate crisis at Columbia University is classic demand and supply. First the facts… A “creamier-than-peanut-butter, chocolate hazelnut spread from Italy, …” Nutella had been served in crepes on weekends at Columbia’s...  [read more]

  • Industries afflicted with Baumol's Disease have slower productivity growth.

    The Price System: Health Care

    Mar 5, 13 • 389 Views • No Comments

    The price system is rather amazing. Please imagine for a moment that you heard a gallon of gasoline was $1.50. First you would think, “cheap!” Then you might rush to fill your tank. Or, told that a diamond ring was $50, you might not buy it. Price...  [read more]

  • Tesla Model S

    A Federal Subsidy: The Tesla Test

    Feb 15, 13 • 375 Views • No Comments

    The trip in the  $101,000 Tesla Model S along part of the East Coast was supposed to be uneventful. With 2 ultra fast charging stations in Newark, Delaware and Wilton Connecticut, the power was available. For the 1/2 ton lithium battery, a 30 minute...  [read more]

  • Palm

    Disaster Economics: Neighbors and Utility Companies

    Jan 3, 13 • 275 Views • No Comments

    Still dealing with the impact of Hurricane Sandy, I keep pondering the cost of preparing for the next storm. Personally, it has been worth purchasing a generator. But, what to do about my neighbor? Located a half mile from my home, he has many beautiful old...  [read more]

  • gasoline...nozzle..gas pump..15483_iStock_000006386775XSmall

    Gas Tax or CAFE?

    Sep 22, 12 • 311 Views • 1 Comment

    The goal is energy conservation. But what is the best way? During the end of August, our newest fuel economy standards were announced. Now CAFE, our Corporate Average Fuel Economy mandate, is close to 29 miles per gallon. The goal is 35.5 for 2016 and 54.5...  [read more]