After the financial crisis of 2008 and 2009, my friend and I decided to start a landscaping business. Neither of us had gone to landscaping school nor did we have a particular affinity for lawn-mowers. (At least, not yet.) But hey, we thought, we live in Florida, grass grows like crazy most of the year, … Continue reading I Charged Too Little to Mow the Lawn
Doggonomics: The Gains from Trade are not Taught, They’re Discovered
Dogs may not see the gains from trade like humans. Though, like humans, as they engage with other dogs (and humans), they end up figuring it out on their own. A few days ago, I was walking my friend’s young dog, Steve, and we came upon an older dog, laying on the grass, chewing on … Continue reading Doggonomics: The Gains from Trade are not Taught, They’re Discovered
James Buchanan: Surprisingly, Politicians Are Humans
With a simple discussion on how stuff gets done in the political arena, it is easy to understand why it’s so hard to achieve the intended outcomes of that “stuff.” Everything is riddled with side-deals, loopholes, and compromises that detract or cause larger problems than the one(s) they are trying to solve. You don’t have … Continue reading James Buchanan: Surprisingly, Politicians Are Humans
James Buchanan: Surprisingly, Politicians Are Humans
With a simple discussion on how stuff gets done in the political arena, it is easy to understand why it’s so hard to achieve the intended outcomes of that “stuff.” Everything is riddled with side-deals, loopholes, and compromises that detract or cause larger problems than the one(s) they are trying to solve. You don’t have … Continue reading James Buchanan: Surprisingly, Politicians Are Humans
The Economics of the “Return Trip Effect”
Have you ever walked to a particular location, say a friend’s house, and found that the walk actually was a lot farther than you had expected, making it quite the unpleasant walk? But, you found that on the way back the walk seemed to go by much more quickly? There’s a scientific name term for … Continue reading The Economics of the “Return Trip Effect”