Posts Tagged ‘incentive’

  • Obama/Biden and Romney/Ryan Issues

    Election Economics: Tax Matters

    Sep 10, 12 • 277 Views • No Comments

    The candidates agree that tax proposals need to focus on reducing the deficit and on government spending. After that, the divide on tax policy is considerable. To narrow the gap between revenue and spending, President Obama supports a higher tax rate for the...  [read more]

  • 19th Century Urban Transport Was An Environmental Problem

    A Pollution Tale With 2 Happy Endings

    Aug 10, 12 • 309 Views • No Comments

    Sometimes green incentives can have unintended consequences. Our story begins in an airport. About to board a flight, an environmentally concerned individual purchases “carbon offsets.”  Yes, that flight will pollute the air but the offset could...  [read more]

  • Registered trademark in a red background

    A Trademark Sandwich

    Jul 9, 12 • 322 Views • No Comments

    Combine either corned beef, pastrami, turkey or salami with 2 large latkes (potato pancakes) and you have a $24.95 lunch that Manhattan’s 2nd Avenue Deli calls its Instant Heart Attack Sandwich. Because the Heart Attack Grill of Las Vegas threatened a...  [read more]

  • Tomatoes

    Tomatoes, Health Care and Unintended Consequences

    Jun 30, 12 • 181 Views • No Comments

    Trying to make pretty tomatoes, plant breeders inadvertently created a tasteless fruit. It all started 70 years ago with a gene mutation that evenly ripened tomatoes. Seeing the commercial potential of uniformly colored bright red tomatoes, growers bred the...  [read more]

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    Opposing Austerity

    Apr 12, 12 • 366 Views • No Comments

    Thinking about our fiscal woes, I keep returning to the fallacy of composition. Here it is: When one farmer harvests a huge crop and sells it, her profits soar. But if every farmer grows more and sells more, then the price drops. Similarly, if one person...  [read more]