As we start to plan our gift giving for this holiday season, we should remember preference falsification and deadweight loss.
Why a Carbon Tax Proposal is Like Goldilocks
When we look at the world’s carbon taxes, as economists we can think of Arthur Pigou and correcting market failure.
Why New Jersey’s Plastic Bag Ban Might Create the “Cobra Effect”
With New Jersey’s new paper and plastic bag bans, we can ask if the regulations will have the unintended consequence of the “Cobra Effect.”
A Return to the Downside of Gift Giving
During the holiday season, our gift giving might have less value than we expect because recipients engage in preference falsification.
Social Media’s Hidden Cost
Ranging from individuals to the entire economy, the cost of social media generally and of Facebook specifically ripples in many directions.
The Downside of Gift Giving
During the holiday season, our gift giving might have less value than we expect because recipients engage in preference falsification.
When a Carbon Tax Proposal Is Like Goldilocks
In his new book, climate activist Bjorn Lomborg presents a controversial carbon tax proposal that could remind us of Goldilocks.
When To Ignore Your Email
Tempted by thousands of hours of digital distractions, at home and at work, we diminish our creativity, our productivity, and our self-satisfaction.
Social Media’s Hidden Cost
While we all know when we are wasting time on social media, it is tougher to uncover the hidden cost that is paid by the entire economy.
Weekly Roundup: From Blockbuster Movies to Student Debt
This week’s economic news summary includes the transactions costs of new medical diagnostic codes, the personal and macro impact of the student loan crisis.
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