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If Ikea sold cars 15 Apr 2011 | 03:44 am
And this, of course
Lessons in price discovery 2 Apr 2011 | 03:33 am
Monty Python on the art of haggling Thanks to the folks at the Nudge blog for the pointer.
The price of New York’s marihuana arrests 17 Mar 2011 | 08:32 am
$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 f...
Are drug prices really soaring? 16 Mar 2011 | 07:21 am
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 throu...
The cost of inequality 15 Mar 2011 | 02:38 am
Watch my illustrated interview with Steve Brodner about the surge of income inequality on PBS’s “Need to Know”
What’s the Internet worth? 12 Mar 2011 | 05:03 am
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 co...
The price of the War on Drugs 11 Mar 2011 | 04:02 am
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...
The price of Clapton’s magic 10 Mar 2011 | 06:32 am
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...
Has educastion lost its punch? 9 Mar 2011 | 05:47 am
Paul Krugman suggests we can no longer count on education to increase workers’ prosperity.
The price of a car crash 9 Mar 2011 | 04:20 am
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 cos...
