Posts Tagged ‘positive externality’

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

    A Ripple of Problems From Hurricane Sandy

    Nov 1, 12 • 228 Views • No Comments

    Reading economist Arnold Kling’s explanation of why it will take a very long time to return to normal from Hurricane Sandy, I kept thinking of my own NJ disaster devastated neighborhood with downed trees on roads covered with branches, leaves and wires....  [read more]

  • In NYC and China, developers are building smaller apartments.

    Micro-Apartments

    Oct 23, 12 • 469 Views • No Comments

    An iPad turns on the lights, the shower is a futuristic sounding vertical tube near the door and the bed becomes seating.  Occupying 161 square feet, this Dongguan, China micro-apartment is the size of a US mall parking space. But, at $133 a square foot...  [read more]

  • Sometimes Flying Costs More Than Money

    Jul 14, 12 • 249 Views • No Comments

    What to do when you’ve paid extra for an aisle seat and a person asks you to switch with his wife so that they can sit next to each other? Do you say yes or endure his irritation through the entire flight? Watching, an economist might have cited a negative...  [read more]

  • lightbulb

    A Better Ketchup Bottle?

    May 25, 12 • 279 Views • No Comments

    In a 1964 TV commercial, during a pouring contest between 2 young boys, Heinz ketchup was “…too thick and rich to run.” In another ad, Heinz lost an OK Coral duel because it was the “slowest ketchup in the west…east, north and...  [read more]

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    Vaccine Dilemmas

    Jul 22, 11 • 238 Views • No Comments

    Let’s try to make one federal budget decision. Who should receive the meningococcal vaccine? Debating the issue, we should be sure to remember pharmaceutical companies, the vaccine’s recipients, the cost of each shot, who gets the disease, the...  [read more]