Posts Tagged ‘New York’

  • The Market System: Parking Ideas

    Dec 27, 12 • 116 Views • Behavioral Economics, Businesses, Demand, Supply, and Markets, Households, Innovation, Macroeconomic Measurement, Regulation, Thinking EconomicallyNo Comments

    Sort of like lunch, there is no such thing as a free parking space. It costs us dollars or time. Hoping to optimize so valuable a commodity, some cities are installing parking devices that use demand and supply to price spots. The approach resembles a...

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    High and Low Gas Prices

    Mar 16, 12 • 112 Views • Demand, Supply, and Markets, Households, Macroeconomic Measurement, Regulation, UncategorizedNo Comments

    Why is the average price of a gallon of regular gasoline in Wyoming close to $3.36 and New York, $4.00? Location and regulation. Wyoming produces oil, it refines it, and, its taxes are among the lowest in the country. Also because of good location and less...

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    State Deficits and Jaws Charts

    Jun 24, 10 • 124 Views • GovernmentNo Comments

    As a prospective buyer, Daily Show reporter Jason Jones went to check out the Arizona State Capitol Building when he heard it was for sale for $735 million. Once sold, the capitol would then be leased back to the state for $60 million a year. Why sell it?...