Posts Tagged ‘regulation’

  • Colorado recreational marijuana regulation

    Is Colorado’s Marijuana Tax Too High?

    Jan 2, 14 • 1234 Views • No Comments

    Colorado has a nasal ranger. Concerned with the increasing odor of marijuana in the streets now that its recreational purchase is legal, Colorado has made it possible to quantify the smell. Last year, between January and September, 11 of Denver’s 85...  [read more]

  • NYC Taxicabs, Tips and Credit Cards

    Taxi Tips

    Dec 8, 12 • 363 Views • No Comments

    Assume you are in a NYC taxi cab. The fare is $12.00. How much of a tip do you leave? a. $1 b. $2 c. $3 d. $4   Actually, it all depends on whether you use cash or credit. People who pay in cash tend to leave a 10% tip. Those who use a …...  [read more]

  • Industries afflicted with Baumol's Disease have slower productivity growth.

    Butter, Health Care and the Spread of Baumol’s Disease

    Dec 1, 12 • 394 Views • No Comments

    When butter makers had Baumol’s Disease, for centuries, there was no cure. From the 1700s to 1940, making butter required some cream, a churn and usually a woman with lots of time and energy to crank or plunge a shaft. When, in 1850, someone invented a...  [read more]

  • Henry Ford's Model-T

    Ford Déjà Vu

    Aug 3, 12 • 237 Views • No Comments

    Responding to very different incentives, in 1908 and in 2012 Ford designed a lighter car. The first Model-T had a unique chassis. Made of a steel alloy that no other US car maker used, the Model-T was inexpensive, relatively powerful, sturdy and user...  [read more]

  • Affecting the cost of animal feed and lowering the amount of milk from cows, the drought is pushing up milk prices.

    Are You a Follower?

    Jul 2, 12 • 386 Views • No Comments

    This sign in Arizona’s Petrified Forest was having little impact: “Your heritage is being vandalized every day by theft losses of petrified wood of 14 tons a year, mostly a small piece at a time.” However, after some sign experimentation,...  [read more]