Posts Tagged ‘opportunity cost’

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    Soda Wars

    Oct 8, 10 • 120 Views • Demand, Supply, and Markets, Economic Debates, RegulationNo Comments

    In “the soda wars,” who is fighting whom? Past news articles refer to state legislative attempts to tax sugary soft drinks. Now, a NY Times article focuses on how New York City is trying to bar use of food stamps for sugary soft drinks. The...

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    Traffic and the Economy

    Oct 6, 10 • 93 Views • Households, Innovation, Regulation, Thinking EconomicallyNo Comments

    Sometimes policies for economic growth can be found in the most surprising places. Seeing a new paper on peak hour travel started me thinking about the amount of time we spend commuting. And commuting took me to economic growth. If you have to commute,...

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    Health Care Insight

    Oct 4, 10 • 116 Views • Demand, Supply, and Markets, Government, Households, Macroeconomic Measurement, RegulationNo Comments

    Perhaps it all began when President Lyndon Johnson called Wilbur Mills, chairman of the House Ways and Means Committee. “Wilbur, I’ve just been looking through the polls here, and I’ve only got a few weaknesses, and the worst of them is that...

  • Opportunity Cost and the Sunday Papers

    Sep 20, 10 • 96 Views • Businesses, Environment, Regulation, Thinking EconomicallyNo Comments

    Articles in the Sunday papers may not have referred to opportunity cost but it was everywhere. Do you agree that judges should know the dollar cost of a prison sentence? Is it good or bad that dishwasher detergents have become less effective because of...

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    Social Security Thoughts

    Sep 17, 10 • 108 Views • Economic Debates, Economic Thinkers, Government, Households, Thinking EconomicallyNo Comments

    Having just passed the French lower legislative branch, a gradual increase in the French retirement age from 60 to 62 during the next 8 years will probably be enacted. In the US, we are gradually ascending to 67 in 2027. It all sounds so logical. It...