Wednesday, August 31, 2005
Environmental economists have used economic analysis to provide new solutions to environmental problems, and to get jobs. Here is a report. (Hat tip to Nickie Esinduy)
Tuesday, August 30, 2005
The Law of Demand so close to home?
Or is it risk aversion, or... well, read what the Miami Student has to say about the drop in first-year enrollment.
Monday, August 29, 2005
Incentives, foreign aid, and food shortages
News from Africa
Thursday, August 25, 2005
How do you substitute coal for gasoline?
Montana's Governor says by using an 80 year old technology. (Hat tip to David Hineline)
Long lines at the pump soon to appear in Hawaii
The price of gasoline in Hawaii is about $.15/gallon higher than it is on the mainland. It turns out that gasoline taxes in Hawaii are about $.12/gallon higher than on the mainland. The public utility commission in Hawaii is trying an experiment with very predictable outcomes. (Hat tip to Mike Curme)
Did Sarbanes-Oxley turn the lights out?
In response to the Enron scandal, new regulations and reporting requirements were promulgated for publicly held companies by Sarbanes-Oxley bill. Have these additional costs caused some firms to revert to private concerns? Doug Campbell at the Richmond Fed reviews the issues.
Wednesday, August 24, 2005
Tax or Spend? CAFE standards v. gasoline taxes
This report, "The Economics Cost of Fuel Economy Standards Vesus a Gasoline Tax" out of the CBO has some interesting insights into tradeoffs, externalities, and other things microeconomic. (Hat tip to Mike Curme)
George Will to media "Get real!"
Columnist George Will grades the media on the principles of economics. The media is not doing well. (Hat tip to Mike Curme)
Monday, August 22, 2005
What is inflation?
Wednesday, August 10, 2005
Fed bumps funds rate up to 3.5%
The Fed raised its target federal funds rate a 1/4 a percentage point to 3.5%. Here is the rationale.
Wednesday, August 03, 2005
Krugman and Hubbard debate
Paul Krugman and Glenn Hubbard debate topics from savings to health care.
Tuesday, August 02, 2005
Revolution to conventional wisdom
Ben Bernanke reminds us of the revolutionary nature of Milton Friedman's ideas and how they have come to be the accepted wisdom.
Pollution, asthma, costs, and benefits
Here is a discussion of whether or not it is worth $4 billion to reduce pollution. Tim Haab thinks that it probably is.