Posts Tagged ‘regulation’

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

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

    Dec 1, 12 • 459 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 • 300 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 • 481 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]

  • ikea_000017626720XSmall

    Sweden, Ikea and Taxes

    May 18, 12 • 585 Views • No Comments

    Our story starts when Ikea’s founder, Ingvar Kamprad, left Sweden during the 1970s. It ends with Sweden’s current finance minister saying that taxes were the reason. Associated with a more humane form of capitalism, Sweden was the prototype for...  [read more]

  • Swimming pool

    Pool Rules

    May 14, 12 • 320 Views • No Comments

    This law is about pools but it relates to much more. Here are the facts: Until now, many of the country’s 256,000 public pools have provided access to portable lifts that help people with disabilities. On May 21, instead, the Americans With Disabilities...  [read more]