Plastic Bag Bank

Your Plastic Bag “BANK” Authorized by State Government

In a literal sense (and no small amount of tongue-in-cheek), if you have to pay for them you’ve got a “bank” of bags. It adds up! And he could make money by standing in front of the store’s entrance and go “Psst – 10 bags for 4 cents each, a 20% discount from Big Bags!”

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Sell Don’t Tell… Part 2 of 2

People have all kinds of different preferences. We tend to like all kinds of different things. People do all sorts of dumb stuff. We want to share our passion with others sometimes. Sometimes we want to keep people from following in our missteps. We should all work to sell the value of our views. But … Read more

Why Is Redistribution Needed?

Redistribution by government is primarily the result of interest groups using the political process to have resources transferred their way. Whether we are willing to admit it or not, this is independent of whether redistribution has an eye toward inequality reduction or not. We have reached a point where we are satisfied with justifications for … Read more

Big Tech cuts off the money supply

Part II: Big Tech Differences

Who Done it? Luigi Zingales is an Italian born MIT doctorate, now a Professor at the University of Chicago. He is the author of two widely reviewed books: “Saving Capitalism from the Capitalists” and “Capitalism for the People: Recapturing the Lost Genius of American Prosperity”. His work has been published extensively in economics and financial … Read more

Behavioral Economics

You Don’t Need to Vote on That

Behavioral Economics is the study of psychology as it relates to economic decision making processes. That’s quite a mouthful, right? The two most important questions in the field are: Are economists’ assumptions of utility or profit maximization good approximations of real people’s behavior? And, do individuals maximize subjective expected utility? In an ideal world, all … Read more

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