Category Archive: Economics

Jun 19

A Classic Coase Solution to a Modern Problem: The CrossFit Dispute

A recent Wall Street Journal (“WSJ”) article brought to my attention a very “2K15” problem, urbanites in many of the nation’s big cities are struggling to deal with the annoyance of living next to CrossFit gyms. CrossFit is a highly intense workout regimen which has in the last several years become hugely popular. Many of …

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Permanent link to this article: http://betweenthenumbers.net/2015/06/a-classic-coase-solution-to-a-modern-problem-the-crossfit-dispute/

Jan 19

The Usual Suspect: Greece Again On the Verge of Instigating More Economic Turmoil in Europe

Greece, the problem child of the European Union (“EU”), is living up to its reputation. The EU continues to falter economically, with the peripheral members in various states of recession and with the central and northern nations stagnating or experiencing only minor growth. Overall, as of the beginning of 2015, Europe has not experienced anything …

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Permanent link to this article: http://betweenthenumbers.net/2015/01/the-usual-suspect-greece-again-on-the-verge-of-instigating-more-economic-turmoil-in-europe/

Jan 02

IRS Continues to Overpay Billions on the EITC

In accordance with Executive Order 13520, Reducing Improper Payments and Eliminating Waste in Federal Programs, Federal agencies are accountable for reducing improper payments while still providing access to beneficiaries.  The IRS estimates that the participation rate under the Earned Income Tax Credit (EITC) was nearly 80 percent, but this comes at a high cost.  A recent …

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Permanent link to this article: http://betweenthenumbers.net/2015/01/irs-continues-to-overpay-billions-on-the-eitc/

Dec 02

Should The Elderly Be Paying More for Movie Tickets?

A recent article in Bloomberg BusinessWeek discussed how in contrast to past generations, American seniors currently make up one of the wealthiest segments of the US population. According to Bloomberg, a combination of strong saving habits (honed from having lived through the Great Depression) and advantageous timing (having come of working age just after WWII …

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Permanent link to this article: http://betweenthenumbers.net/2014/12/should-the-elderly-be-paying-more-for-movie-tickets/

Nov 22

The Multi-Faceted Explanation Behind the Current Drop in Gasoline Prices Across the US

With the national average for ’87 octane descending below $3 a gallon, American drivers are paying less at the pump than they have since the beginning of the Great Recession (in terms of seasonality price, the current average is the lowest since 2009, in terms of absolute pricing, an average gallon of gas hasn’t been …

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Permanent link to this article: http://betweenthenumbers.net/2014/11/the-multi-faceted-explanation-behind-the-current-drop-in-gasoline-prices-across-the-us/

Feb 10

Top Risks for 2014

Protiviti, a consulting firm, and North Carolina State University Enterprise Risk Management Initiative released the results of a joint study “Executive Perspectives of Top Risks for 2014”.  The survey contained responses from over 370 board members and executives from various industries.  The top 10 risk concerning these board members and executives are: Regulatory changes and …

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Permanent link to this article: http://betweenthenumbers.net/2014/02/top-risks-for-2014/

Nov 24

Are you ready for the Bear Market?

“Don’t confuse brains with a bull market.” Humphrey B. Neill (1895 – 1977) Stock author; focused on contrary investment concepts   It is time to assess your stock investment risk tolerance. I believe the stock market is in trouble, even though the vast majority of the stock market commentators do not know (or at least …

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Permanent link to this article: http://betweenthenumbers.net/2013/11/are-you-ready-for-the-bear-market/

Nov 13

India Blasts Off to Mars for Only $73 Million

Last week on Tuesday, India launched its first Mars mission for the relatively-low cost of $73 million. The budget for the Mangalyaan (Hindi for “Mars craft”) is being hailed as a potential “game changer” of space exploration economics. S. Arunan, Indian Space Research Organization’s (ISRO) Mission Project Director as reportedly said, “this is less than …

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Permanent link to this article: http://betweenthenumbers.net/2013/11/india-blasts-off-to-mars-for-only-73-million/

Oct 31

More Tricks Than Treats This Halloween

Happy Halloween to all my spooked blog readers interested in the current state of the “Halloween economy”. Last year’s discussion can be found here. This year the ghost of Halloween past has managed to spook some shoppers away. The scary tale of the US economy, among many other culprits, may be what is causing Halloween …

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Permanent link to this article: http://betweenthenumbers.net/2013/10/more-tricks-than-treats-this-halloween/

Oct 17

The Popularity Spike of Nobel Prize Winners in the “Dismal Science” has Dismal Staying Power

The announcement of the Nobel Prize winners every October means that at least once a year a handful of economists become relatively popular. We can observe this spike in popularity using web search data reported by Google Trends. The chart below traces each Nobel laureate’s popularity before, during, and after the Prize was announced using …

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Permanent link to this article: http://betweenthenumbers.net/2013/10/popularity-of-nobel-prizewinners-in-the-dismal-science-has-dismal-staying-power/

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