rss

Most Recent Articles

Contact Lens Regulations Cost Consumers Billions

Posted by David John Marotta & Megan Russell on 12-14-2014

It is illegal to sell contacts in the United States without requiring a prescription. A Federal Trade Commission regulation provides penalties of up to $11,000 per violation.

read more...

How Not to Promote College Innovation

Posted by David John Marotta & Megan Russell on 12-07-2014

These noble-sounding goals intuitively appear useful, but the federal government has only two ways to encourage change and neither of them helps in this case.

read more...

How to Buy a College Degree

Posted by David John Marotta & Megan Russell on 11-30-2014

Unfortunately, Obama's good intentions are thwarted by the economic principle formulated by banker Charles Goodhart.

read more...

The Economics of a Thanksgiving Turkey

Posted by David John Marotta & Megan Russell on 11-23-2014

The average factory-farmed frozen turkey from a grocery story is sold for as little as $0.67 per pound. Economics can offer five explanations.

read more...

We Need a Partial Shutdown of Government

Posted by David John Marotta & Megan Russell on 11-16-2014

Unless McConnell is willing to risk a government shutdown, he will ultimately have to acquiesce to Obama's wishes.

read more...

Do New Healthcare Plans Cost More?

Posted by David John Marotta & Megan Russell on 11-09-2014

Last year plans were being cancelled. This year, citizens are receiving notifications of rate hikes in the double digits.

read more...

The Drive of the Lottery

Posted by David John Marotta & Megan Russell on 11-02-2014

The lottery is based on the most powerful way to motivate people and change their behavior: a variable reward in response to a specific behavior.

read more...

The Mindset of the Lottery

Posted by David John Marotta & Megan Russell on 10-26-2014

The classic conversational pastime of answering the question, "What would you do if you won the lottery?" could help you or it could hurt.

read more...

The Luck of the Lottery

Posted by David John Marotta & Megan Russell on 10-19-2014

Government-run lotteries have a sordid and monopolistic past. Should we enforce a separation of sin and state?

read more...

Five Lessons from the Whiskey Rebellion

Posted by David John Marotta & Megan Russell on 10-12-2014

The Whiskey Rebellion established the sovereignty of "we the people" to tax and oppress any selected group.

read more...

1 2 3 4 571