economics

They Won’t Need Convincing

Worth noting, if this really works as advertised, no law will be needed to force airlines to use it, they’ll trip over themselves getting to it. And I hope it works. Electric Taxiing Motors Could Save Airlines Millions Of Dollars:…

An Anti-Consumer Way to Begin 2014

Not good for consumers at all. A classic example of how entrenched business will use government to strong-arm any potential competition. French Uber users face 15-minute delay starting next year:”To the surprise of virtually everyone in France, the government has…

A Few Links For The New Year, It’s Not All Bad

There are many reasons to remain positive. Update: also see: Chart of the (perhaps) greatest and most remarkable achievement in human history In the first link below, note the deaths from war and extreme weather. The biggest shocker of 2013? That…

Stat of The Day: NYC & The Labor-Electoral Complex

I wonder if Bloomberg only recently discovered this? The ‘Labor-Electoral Complex’ – WSJ.com: “New York Mayor Mike Bloomberg is on a valedictory tour as he prepares to leave office at the end of the month, and it’s too bad he…

Free Markets Didn’t Cause The Great Depression

Fantastic column. Busting Depression Myths – TribLIVE: “There are no greater obstacles to the formation of sound public policies than mistaken understandings of history. Unfortunately, popular culture overflows with historical ignorance about the economy. Perhaps the most destructive historical myth…

I, Nutella …

In the spirit of Leonard Read’s I, Pencil. A map of all the countries that contribute to a single jar of Nutella: “Some 250,000 tons (227,000 tonnes) of Nutella are now sold across 75 countries around the world every year, according…

Which Full Size Truck Is Most American?

Apparently, the Toyota Tundra. Toyota Tundra Leads Crowded Field—by a Nose – WSJ.com:”The Tundra is by percentages of content among the most American-made of full-size trucks.” Related posts: What’s The Most American Car Today?

Milk Prices, Again

Seems like this comes up every year or so. And it’s one of those stories that makes it tough to know where to begin. Why $7-Per-Gallon Milk Looms Once Again : The Salt : NPR “The leaders of the House…