Wednesday, June 22, 2016

Go ahead and take a "Big Gulp" before reading this...Soda/Soft Drink Taxes and Welfare Loss

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Recently the city of Philadelphia imposed a 1.5 cent per ounce tax on the sale of "Sugary Soft Drinks" or "SSD's" fo...
Friday, June 10, 2016

Plastic Bag Tax in the UK. Correcting for a Market Failure.

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An important unit in AP Microeconomics is the one on "Market Failure". Specifically when there is the presence of a "Negati...
Saturday, June 4, 2016

Beer prices at Atlanta Falcons games are going down 37.5%. I predict problems will increase by more than that...

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The professional football team Atlanta Falcons are opening a new stadium this year and have announced a drastic cut in the price of concessi...

GDP and Water...

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Found this on Twitter so it must be true... If true, it is interesting that 50% (about $9 Trillion dollars) of GDP is produced in concentr...

TSA-Pre Checks --- Quantity Demanded vs Change in Demand

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Bloomberg ha s an article on TSA Pre-checks that provides another good example to illustrate a basic yet difficult to grasp Microeconomic co...
Tuesday, May 3, 2016

Mexican Soda Tax and Change in Qd vs Change in Demand. FUN STUFF!

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A couple of years ago, the Mexican government imposed a "soda tax" on soft drinks.  Lots of controversy at the time but the goal ...
1 comment:
Monday, May 2, 2016

A Tale of Two Norwegian government bodies. Which side are they on?

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These two stories appear side-by-side on the homepage of " The Nordic Page ", a Norwegian media outlet. Can you spot the contrad...
Saturday, April 30, 2016

Burning Ivory Towers...

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Quiz Question:  What happens to the world price of Ivory? Kenya Burns Ivory Stacks in Protest of Poaching Burning of 105 metric tons of...
Monday, April 18, 2016

Can Economics Solve a Nazi Flag Problem?

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This from USA Today. This property owner has a right, under the 1st Amendment, to fly this flag on his/her property. ""Mar...

Rapper 50 Cent and Purchasing Power Parity

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Purchasing Power Parity. Rapper "50 Cent" CD now sells for, well, 50 Cents.  :)
Friday, March 4, 2016

$10.10 - $7.25 Minimum Wage should equal a $2.85 pay raise but is actually only $1.92. See the funny math here...

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I have written about this before but wanted to expand on it a bit. What is the effect on a minimum wage worker, who claims SNAP benefits a...
1 comment:
Monday, February 1, 2016

A Loonie, A Dollar and an Apple. A nice story of fruit and currency exchange

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The Canadian dollar has taken real hit over the past few years in terms of its value relative to the US dollar. Here is an article on how...
Monday, December 14, 2015

Where did the jobs in education go during the recession? They moved downtown...

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More fun with education data... Below are data from the National Center for Education Statistics.   I just highligted the data between 200...

Number of Students at each grade level 2005-2014

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Having fun with data and working on my excel skills which are at the most basic level. I was looking at different categories of in the Cen...
Friday, November 6, 2015

Why is the US using all of Yellowstone National Park to grow corn for Ethanol?

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Sort of... This bar graph was derived from US Dept of Agriculture data.  I found it on Twitter HERE .  The numbers on the left are in ...
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