Posts Tagged ‘opportunity cost’

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    No Free Lunch

    May 24, 10 • 167 Views • Thinking EconomicallyNo Comments

    In NYC, new pedestrian plazas are easing harried city life. Sitting in the middle of a once busy street where traffic congregated, now, you can relax at a table, drink some coffee and enjoy a sandwich. The only problem is the opportunity cost. Pedestrian

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    More on the Movies

    Apr 13, 10 • 193 Views • Businesses, Entertainment, Thinking EconomicallyNo Comments

    Following up on yesterday’s post, I discovered how important product placement can be. Sometimes movie makers decide the products beforehand, before they even complete the script and select the stars. Fees for a “starring” product can total

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    The Tip of the Iceberg?

    Mar 26, 10 • 164 Views • Government, Macroeconomic Measurement, Thinking EconomicallyNo Comments

    Growth or a safety net? Thinking at the margin, an increasing number of European policy makers are debating a change. The result is a classic economic dilemma. Unemployment and medical insurance, pensions, licensing protections, and job guarantees can

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    Mandate Broccoli?

    Mar 17, 10 • 203 Views • Businesses, Demand, Supply, and Markets, Government, Thinking EconomicallyNo Comments

    What if there was a miracle food that helped fight colds, prevent cancer, heart disease, and cataracts, and fostered healthy bones? According to several non-medical web sites, there is one. It’s broccoli. And what if another

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    Recycling Garbage

    Feb 14, 10 • 178 Views • Thinking EconomicallyNo Comments

    A recent article in SF Gate focused on Berkeley’s garbage problems. Because of Berkeley’s commitment to recycling, the revenue it receives from garbage collection has dropped precitously. Less garbage means more job and service cuts. If people