Posts Tagged ‘tragedy of the commons’

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    Bikes-For-Hire and the British Coastline

    Mar 8, 11 • 559 Views • No Comments

    London’s new bikes-for-hire program is about more than bikes. Launched this summer, the program had to solve a mismatch between supply and demand. In certain places there were too few bikes for the number of people who wanted them. In other spots, the......  [read more]

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    Economic Insight

    Nov 26, 10 • 722 Views • No Comments

    Have you ever looked at “The 3 Little Pigs” through an economic lens? Referring to the third little pig, Harvard economist Edward Glaeser suggests the fairy tale is about investing wisely. In my econ class, a student used opportunity cost analysis......  [read more]

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    Utilities Included

    Aug 17, 10 • 609 Views • No Comments

    In NYC, there are 250,000 housing units that use more electricity than most others. The reason? Buildings without meters for each apartment have leases that say “utilities included”. So, whether tenants use more or less power, the rent is the......  [read more]

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    Environmental Emissions

    Jun 25, 10 • 619 Views • 1 Comment

    A letter in “The Mail” section of a recent New Yorker tells us about a funny error on the cover of the May 17, 2010 issue. Mainly portraying emissions from vehicles, factories, and cows, the cover focuses on our environmental problems. According......  [read more]

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    Deficits and the Tragedy of the Commons

    May 7, 10 • 655 Views • No Comments

    Pondering Greece, I wondered about the individual and the state.  Sometimes what is good for one person is bad for all.  That took me to a graphic of the federal budget in 2020 in which entitlements, which are good for individuals, are dominant. The......  [read more]