Posts Tagged ‘opportunity cost’

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    A Corn Price Surprise

    Jul 7, 11 • 277 Views • No Comments

    Interesting how real life can imitate economics. You know how corn prices have been soaring? Well, farmers responded just like they read an econ textbook. They increased supply. One tradeoff?  A smaller soybean crop. Here are the headlines. You can see...  [read more]

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    More Oil Dilemmas

    Jun 27, 11 • 254 Views • No Comments

    The recent International Energy Agency (IEA) announcement is about a lot more than a tank of gas. Everyday, for 30 days, 2 million barrels of oil will be released from strategic petroleum reserves (SPRs). The U.S. will be responsible for half of the 60...  [read more]

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    Preschool Education Matters

    Jun 19, 11 • 266 Views • No Comments

    Did you have to care for a hamster in your preschool class? Line-up? Clean up? Share? According to this NPR Planet Money podcast preschool probably provides irreplaceable job training.  Taking place during a developmental window that does not reappear,...  [read more]

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    Deja View

    Jun 15, 11 • 258 Views • No Comments

    3 giant redwoods were the problem. The issue was the view. Does a property owner have the legal right to a view of San Francisco Bay that his neighbors’ trees are blocking? Or, do the neighbors have the right to the privacy the trees provide? A view or...  [read more]

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    34 Million Different Pizzas

    May 5, 11 • 292 Views • No Comments

    Expressing concern about a proposed FDA calorie-posting rule, Domino’s says it would have to list 34 million different kinds of pizzas. Really. This Bloomberg video explains their position. Using Domino’s “Cal-O-Meter” as a source,...  [read more]