Economic Logic

Whether to enforce or not capital punishment is one of those never-ending debates Europeans and Americans cannot grow tired of. In theory (a...

It is commonly assumed that managers should be making well-informed decisions. That is just common sense and should apply at all levels. In ...

The goal of early retirement incentives is to shed expensive older employees for a younger workforce. This has two intended consequences: re...

The NIMBY (Not in my backyard) problem is well known: a globally social good that involves a local private bad is impossible to provide if l...

Sometimes, small incentives can bring great rewards. Think for example about the 10 cent toys some fast food outlets give to children in ret...

It is interesting to follow Olympics in various countries. While everywhere there is focus on domestic athletes, big countries, say the US, ...

Plenty of studies have documented the brain drain: Highly educated workers migrate to richer countries, thus reducing the domestic return of...

Healthy people are good for an economy: they are productive, happy and in particular do not generate (poor) health related costs. As long as...

Soon is the time to make resolutions, and like most resolutions, they will fall to the wayside within days or at best weeks. Now, how could ...

The US Congress approved stricter standards for fuel efficiency in cars, the so-called CAFE standards, and President Bush signed this law. T...

Now that it seems Mayor Bloomberg is getting really serious with the Manhattan congestion charge, to be about US$8 for every incoming vehicl...