Category: Uncategorized

Thursday, April 14th, 2011

If Ikea sold cars

And this, of course  

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Friday, April 1st, 2011

Lessons in price discovery

Monty Python on the art of haggling Thanks to the folks at the Nudge blog for the pointer.

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Wednesday, March 16th, 2011

The price of New York’s marihuana arrests

$75 million in 2010. From 1997 through 2010 the New York Police Department made 536,000 arrests for marijuana possession. This has cost taxpayers $500 million to over $1 billion. What are we getting for this money? Not very much!

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Tuesday, March 15th, 2011

Are drug prices really soaring?

Congress is up in arms about soaring drug prices. A study by the Government Accountability Office finds that the price of brand-name prescription drugs soared at an annual rate of 8.3% from 2006 through the first quarter of 2010. That’s … Continue reading

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Monday, March 14th, 2011

The cost of inequality

Watch my illustrated interview with Steve Brodner about the surge of income inequality on PBS’s “Need to Know”

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Friday, March 11th, 2011

What’s the Internet worth?

The Great Stagnation, an intriguing new book by George Mason  economist Tyler Cowen, co-author of the Marginal Revolution blog, has sparked a fantastic debate about whether and how the Internet has contributed to our economic wellbeing. The book ponders why … Continue reading

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Thursday, March 10th, 2011

The price of the War on Drugs

Americans pay a lot to keep illegal drugs off the streets. A recent review of the evidence suggests much of our investment in the Drug Wars is wasted, if not outright counterproductive. We have only 5 percent of the world’s population … Continue reading

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Wednesday, March 9th, 2011

The price of Clapton’s magic

A couple of days ago I mused about our desire for unique objects. I pointed to research suggesting that our motivations aren’t merely market driven. It’s not just about rationally assessing the object’s resale value. A story in today’s New … Continue reading

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Tuesday, March 8th, 2011

Has educastion lost its punch?

Paul Krugman suggests we can no longer count on education to increase workers’ prosperity.

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Tuesday, March 8th, 2011

The price of a car crash

At first blush it might seem to make sense for cash-strapped cities to charge drivers for car accidents, a quick and easy way to raise revenue for the fire department and the police. But there are costs involved too. Getting … Continue reading

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