Posts Tagged ‘opportunity cost’

  • Swimming pool

    Pool Rules

    May 14, 12 • 341 Views • No Comments

    This law is about pools but it relates to much more. Here are the facts: Until now, many of the country’s 256,000 public pools have provided access to portable lifts that help people with disabilities. On May 21, instead, the Americans With Disabilities......  [read more]

  • jobs...16865_9.1_000009319445XSmall

    The Magic of 49

    May 6, 12 • 449 Views • No Comments

    Sometimes, one employee makes a huge difference. In France, one extra worker can mean that a firm needs to create worker councils, establish profit sharing, and report to employee representatives when firing people for economic reasons. BUT…that worker......  [read more]

  • money dollar sign

    A Fine That Backfired

    May 5, 12 • 454 Views • No Comments

    Sometimes, deterrents won’t work. Our story begins at several Israeli day-care centers. Because some parents were picking up their children after dismissal time, two economists suggested a fine. To their surprise, the number of latecomers more than......  [read more]

  • Nails_000014523529XSmall-2

    Government Guidelines and Unintended Consequences

    Apr 4, 12 • 428 Views • 2 Comments

    Sometimes government guidelines can have unintended consequences. Government travel guidelines: At a networking reception, the General Services Administration spent $1900 on 400 “petit beef Wellington” snacks and $2000 on 400 “mini Monte......  [read more]

  • 16750_SupremeCourt.11.16_000002592980XSmall

    The Affordable Care Act, the Supreme Court and Line-Standers

    Mar 26, 12 • 254 Views • No Comments

    If you don’t have 3 days to spare and want to watch the oral arguments for the Affordable Care Act, you can hire a professional line-stander. Charging close to $36 an hour to wait outside the Supreme Court, they started the line last Friday. There are......  [read more]