Posts Tagged ‘Nantucket’

  • Everyday economics and chain store prohibitions.

    When Cities Ban Chain Stores

    Apr 9, 15 • 202 Views • No Comments

    Relating to prices, a local multiplier and vacancies, there are tradeoffs if municipalities change the competitive market structure by banning chain stores......  [read more]

  • Adam Smith, laissez-faire and traffic lights

    Adam Smith and Traffic Lights

    Jul 14, 14 • 455 Views • No 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......  [read more]

  • 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 • 400 Views • No 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......  [read more]

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    Nantucket’s Traffic Lights

    Jul 4, 10 • 513 Views • No 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......  [read more]