Tag Archive for economics

EconTalk on Schools and Incentives

Fantastic recent episode of EconTalk. Definitely worth a listen. James Tooley on Private Schools for the Poor and the Beautiful Tree – EconTalk: “One good thing that’s happening because of it–you talked about corruption and so on. If you can…

Arbitrage and Rescue Dogs

This seems hard to believe, but if true, I wonder if they should be charging more for these dogs? The reason I am skeptical is that I get several email messages per week about dogs in area shelters needing homes.…

Why The Butter Shortage?

This isn’t good. Japan faces specter of a butter-less Christmas: “TOKYO — Yes, Virginia, there is a butter shortage. Supermarkets in Japan have been rationing butter since spring because of a shortfall in raw milk production. Now, there’s concern there…

A Gresham’s Law for Magazines?

Maybe I don’t remember the economic term that well, but this story makes me think of Gresham’s Law. Why Magazines In Doctor’s Office Waiting Rooms Are So Old – Co.Design:”Natural selection. A new study finds that people steal the newer…

NPR’s Planet Money on Progress

I often listen to this podcast, NPR’s Planet Money. This recent episode was particularly good. Episode 586: How Stuff Gets Cheaper : Planet Money : NPR: “We tend to get obsessed with things that get more expensive over time —…

Dr. Rizzo Asks Some Minimum-Wage Questions

Dr. Rizzo asks some provocative and frankly uncomfortable questions. Definitely read the entire thing. In fact, check his site out every week, always thought-provoking material. Raise the Minimum Wage, Raise it Now: “Suppose you know someone that, rather than working…

“Pretty Much Everyone”

I find it hard to swallow this line of reasoning … that a higher minimum wage is good for employers automatically. And that they’re too stupid to do it on their own. Also, there’s one group missing from the “pretty…

A Classic Discussion re: Recycling

This podcast from 2007 (Drs. Roberts and Munger) is fantastic. Recently enjoyed it again. Also see: Michael Munger, Think Globally, Act Irrationally: Recycling Munger on Recycling – EconTalk – Library of Economics and Liberty: “Mike Munger, professor of economics and…