Farm Subsidies: The Dirty Truth
by Dan Croak
Economists regularly argue against the heavy subsidies given to American farmers. However, the American public support the subsidies by a wide margin.
Articles
Criminalising the consumer
by Dan Croak
04.30.07 | It is trivial to download music and videos from iTunes and then transfer it to your iPod. Digital Rights Management is easy to manuever around and ineffective. How will copyright owners protect their intellectual property in coming years now that DRM has been proven to be more a hindrance than a help?
Time to Double Down on Online Gambling
by Anna O'Leary
04.30.07 | If market expectations are any guide, the United States will likely end up allowing its citizens to gamble online. In the hours after a recent WTO ruling was announced, stocks in online gaming companies lifted. Investors clearly see the writing on the wall, even if the U.S. government does not.
China's New Economic Model
by Anna O'Leary
04.29.07 | As China invests more of its vast savings in a myriad of domestic projects, the economics of relationships with other countries will begin to change. There will be less calls of "unfair competition" and positive effects on prices and incentives, for economics is really a positive-sum game.
Rent Extraction
by Dan Croak
04.28.07 | Politicians often introduce legislation designed to scare wealthy industries into contributing to their campaigns. The process is called "rent extraction" and the bills introduced are alternatively called "milkers," "fetchers," or "cash cows."
Jobs Are Always About the Money
by Devin Lavelle
12.11.06 | It's not about the money? It's a job, of course it is. Yet for some reason, in the annual dance of millionaire baseball players and billionaire owners, fans across the country expect players to walk away from far more generous offers to stay with out favorite teams.
The Business of Baseball
by Devin Lavelle
12.08.06 | I cannot say that I recall when I stopped believing in Santa Claus. To this day, though, I still hang my stocking and, happily, it seems to have little trouble finding itself filled come Christmas morning. Thanks Mom and Dad.