Posts Tagged ‘Nantucket’

  • Affecting the cost of animal feed and lowering the amount of milk from cows, the drought is pushing up milk prices.

    The “Problem” of the Commons

    Jun 20, 12 • 96 Views • Behavioral Economics, Demand, Supply, and Markets, Economic Thinkers, Environment, Regulation, Thinking Economically, UncategorizedNo Comments

    Located 30 miles from Cape Cod, Massachusetts, the island of Nantucket has no traffic lights. Instead, drivers respond to stop signs, rotaries and courtesy. More often than not, if a walker or a biker needs to cross the street, cars stop. When someone is...

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    Nantucket’s Traffic Lights

    Jul 4, 10 • 113 Views • Economic Thinkers, RegulationNo Comments

    Located 30 miles from Cape Cod, Massachusetts, the island of Nantucket has no traffic lights. Instead, drivers respond to stop signs, rotaries, and courtesy. More often than not, if a pedestrian, a walker, or a biker needs to cross the street, cars stop. When...