Posts Tagged ‘opportunity cost’

  • Job Gains in Texas and Losses in Caifornia and Florida

    Minimum Wage: The Tradeoff

    Feb 19, 13 • 1260 Views • No Comments

    Should you support a $9.00 minimum wage? Expressed in a Boston Fed report, the competing arguments on both sides are persuasive. Proponents emphasize the additional spending that will be created, the minimal, if any, job losses, and their support for low......  [read more]

  • How much should cities plan for the storm of the century?

    Opportunity Cost: Preparing for Sandy and Katrina

    Dec 22, 12 • 530 Views • No Comments

    After every storm of the century, we ask why we didn’t prepare sufficiently. For Katrina it was better levee protection. And now, for Sandy, I just heard that the PATH–underground trains between NJ and NYC–had 4 foot flood gates (some news......  [read more]

  • How much should cities plan for the storm of the century?

    Storm Warnings

    Oct 28, 12 • 474 Views • No Comments

    Some thoughts today about predicting natural disasters. Weeks before 308 people perished in L’Aquila from an earthquake, a government commission proclaimed the chance was slim that a disaster would occur. It did happen and now, the 6 scientists and......  [read more]

  • US Chicken Paw Exports to China

    Playing Chicken With China?

    Sep 19, 12 • 890 Views • No Comments

    Yesterday’s headlines about the US taking China to the World Trade Organization (WTO) for unfair auto and auto parts subsidies took me to chicken feet and The Economist’s Sinodependency Index. Knowing the major firms that depend on China for......  [read more]

  • Our Transportation Infrastructure is Crumbling

    Who Will Pay For Our Roads?

    Sep 18, 12 • 552 Views • No Comments

    In President Obama’s State of the Union address last January, he referred to the problem of our crumbling transportation infrastructure. One solution is at the gas pump. When you filled your tank, you paid for fuel and probably also a road. In 1956, the......  [read more]