By Kevin Judge | August 11, 2018 Attempts to ban consumer products have inconsistent and often unsatisfactory results. Bans can influence supply and demand by limiting availability and increasing costs, there may still be demand at the price of acquiring the item illegally. Demand can be a hard thing to reduce and suppliers will emerge… Read More »
By Jerry Davis | August 10, 2018 On Aug. 2, Apple became the first U.S. public corporation to achieve a US$1 trillion valuation, making it the largest company in the world – by one measure at least. A New York Times article proclaimed that this milestone “reflects the rise of powerful megacompanies” that control a… Read More »
By Gregory C Mason | August 9. 2018 Social and anti-poverty activists have greeted the dumping of Ontario’s basic income pilot project with the usual lamentations. These critics of the new Conservative government argue the funds allocated to the project is a pittance compared to the costs of poverty, and we have missed out on learning about… Read More »
By Stephanie Leiser | August 8, 2018 It’s a game for the rich. AP Photo/Steven Senne Stephanie Leiser, University of Michigan The Trump administration wants to change the way capital gains are taxed to factor in inflation. To many, this may sound like a technical change of little consequence. To others, such as the Tax… Read More »
In the late 1970s, economists from around the world were visiting a South American nation for a conference. After one of the sessions, four of them – a Pole, a Soviet, a Texan, and a New Yorker – walked out together to get some lunch. An excited young newspaper reporter approached them, and tried to… Read More »
An economics graduate student was crossing a road one day when a frog called out to him and said, “If you kiss me, I’ll turn into a beautiful princess.” He bent over, picked up the frog and put it in his pocket. The frog spoke up again and said, “If you kiss me and turn… Read More »
(NewsUSA) | August 3, 2018 It’s a good thing no one joins the armed forces to get rich, because it turns out a higher percentage of military families are in debt than civilians. And that has one New Jersey company ticked off enough to do something about it. According to a report by the Financial… Read More »
(NewsUSA) – Nearly half of U.S. high school students say they do not know how to establish good credit and more than one-fourth believe they will be unprepared to manage their finances upon graduation. This is according to recent research that reveals a lack of financial literacy among American youth. But teachers and schools can… Read More »
Richard Brody | July 27, 2018 One of the realities of real estate is, most things are local, and every specific market, is unique, or different, in some, specific way. We often read, or hear in the national media, about certain housing trends, tendencies, challenges, and opportunities, some of which might, also, apply to your local… Read More »
By Amitrajeet A. Batabyal | July 26, 2018 Rochester Institute of Technology There appears to be a cease-fire in the trade war brewing between the U.S. and the European Union. After a meeting at the White House between U.S. President Donald Trump and EU Commission President Jean-Claude Juncker, the two leaders declared a temporary truce… Read More »