The world we live in is full of imperfections. As one looks around society, it’s not hard to find examples of externalities, imperfect information, or collective action problems that leave public goods […]
A new industry known as Uber has been taking the transportation industry by storm. Uber connects passengers with drivers of vehicles for hire through a smart phone application. It utilizes the Internet […]
McDonald’s sample budget dispute has blown up on the web and it now, unfortunately, warrants a response. There have been a variety of points made, but most have missed what I think is the […]
A few months ago an offshoot of the Occupy Wall Street movement did something fairly amazing. After raising money from an all-night variety telethon the group calling themselves “Strike Debt” began their […]
When I read Paul Krugman’s latest defense of Keynesian economics a few days ago, I was shocked and amazed that even Krugman fans and devout Keynesians would swallow his latest strange and rambling defense […]
“I feel like if people don’t know that condoms have expiration dates, they probably don’t know that crony capitalism is bad!” This somewhat pessimistic picture of the average American University student was […]
