Tag Archives: economics

The Mystery of California’s High Gas Prices

Like everything else, it’s not exactly a cut-and-dry answer. It’s an interesting look at all the percentages going into the price at the pump.

Californians pay billions more at the pump. The odd thing is that nobody knows exactly why.

Source: The Mystery of California’s High Gas Prices

The L.E.D. Quandary: Why There’s No Such Thing as “Built to Last”

“They don’t make them like they used to” could start to mean something very different if LED manufacturers can figure out the right economics.

Source: The L.E.D. Quandary: Why There’s No Such Thing as “Built to Last” – The New Yorker

Banks Rebel Against Negative Interest Rates

Collapsing interest rates until they’re offering negative rates of return? The only loser in this game is the public.

Shh! Do you hear that? That’s the 1920’s calling. They’d like their fiscal policy back.

Banks have had it with negative interest rates and are starting to push back.

Source: Banks Rebel Against Negative Interest Rates | naked capitalism

The Behavioral Psychology of Why Taxes Suck | WIRED

Now, it’s tempting here to consider burning the whole house down. “The goal would be to make the tax code neutral, to let the markets behave the way the way they should,” says Hungerford. Overvalue assets like housing and you’re messing with the basic forces of supply and demand that (under ideal conditions) drive the economy. That’s the motif for most tax loopholes.

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Seriously, Stop Demonizing Almonds

We have seen the real cause of the California drought, and it’s one crunchy inch tall. One gallon of water to grow a single nut? BAN THEM ALL, writes everyone. But almond outrage is misplaced. We shouldn’t stop eating any fruit or vegetable due to how much water it takes to grow it. Especially when there actually is a crop that’s stealing California’s water.

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Asymptotically Free Goods

Required reading for anyone interested in Internet politics and economics.

One of the most surprising things we learned from launching our Internet startup was that providing wireless Internet service is really cheap. What ended up bankrupting the company were all the ancillary services we had to develop–credit card billing, technical support, the corporate Web site and the various security measures we had to put in place to prevent unauthorized use of the network by nonsubscribers.

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