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 | Hi all, Hopefully at least some of you are enjoying your day off! I have some interesting new articles for you below, but I won't be offended if you put off reading them until you go back to work tomorrow. :) Cheers,
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Dear World: You're Doing Economics Wrong Again...
As an economist, it's always amusing to me to see policies and business decisions that are completely at odds with what economics predicts is efficient or profit maximizing. Here... Read more
| The World, as Told by Graphs...
It's important to understand what the world looks like, and these 40 charts will help you do just that, giving information on topics ranging from income inequality to smog rates.... Read more
| Unintended Positive Externalities, MTV Edition...
Economists refer to positive side effects created by a market as positive externalities. Given that reducing the number of teen pregnancies benefits society in general, MTV may have generated... Read more
| The History of the Minimum Wage...
Minimum wage legislation is something that we take for granted nowadays, but such laws weren't always the norm, and, in fact, were initially considered unconstitutional by the Supreme Court. ... Read more
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