Posts Tagged ‘positive externality’

  • Sometimes Flying Costs More Than Money

    Jul 14, 12 • 669 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]

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    A Better Ketchup Bottle?

    May 25, 12 • 738 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 • 663 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]

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    The Crawler

    Jun 1, 11 • 650 Views • No Comments

    The fuel economy window sticker for this vehicle would say 1 gallon per 32 feet. Called the crawler, it travels on a roadway 3.5 miles long, could carry 18 million pounds, and moves no faster than 2 mph. The crawler takes the space shuttle to its launchpad.......  [read more]

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    Smog-Eaters

    Mar 2, 11 • 770 Views • No Comments

    What if someone had invented “smog-eating” concrete roof tiles? And, what if these tiles consumed enough smog to offset one car’s nitrous oxide emissions during one year (10,800 miles of driving)? Telling us that a firm in California has......  [read more]