From afar, the Trump administration waging war on the Environmental Protection Agency while ramping up its efforts to fix old bridges and to deepen old ditches looks like some weird political balancing act. On one hand, they are shrugging off climate change, but “Look! Jobs!”
Both of these efforts seem to be leaving us FKD’d. However, the progressively backward movements on these fronts can be corrected if instead of refurbishing all the old stuff, we aim our focus on the future.
The future lies in an area we often take for granted: electricity. Continue reading “Beating Climate Change And Creating Jobs By Uberizing Electricity”
A re-sharing of my post from last year. 2016 has been a rough year for many and the last thing we want to do is make it worse by inefficiently buying gifts. Merry Christmas, y’all!
It’s that time of year again. The rush to buy things for people that you guess you care enough about to trawl the discount shelves. However, don’t fret over finding the “right” gift—economic fundamentals tell us it’s inefficient. Continue reading “The Best Gift to Give This Christmas”
The new and innovative sharing economy is creatively disrupting the old economy. Airbnb has risen victorious in the battle at San Francisco with “Prop F,” sending a clear message to governments and regulators to back off. Continue reading “Airbnb Defeats Regulation in San Francisco, Sharing Economy Here to Stay”
International oil cartel OPEC is back at its shady ways, but, thankfully, the organization is doomed to fail.
Whenever we hear the term “cartel” there is always a negative connotation involved with its use. We tend to correspond the term with the drug cartels of Mexico and people like “El Chapo,” the leader of the Sinaloa Cartel who escaped a maximum-security prison in July.
Less talked about are groups like taxicab cartels, which have been involved in passive-aggressive disputes with Uber and other ridesharing companies. Well maybe not in France after cab drivers essentially rioted because of Uber. These are just a few examples of cartels, but one that affects our lives quite a bit and has recently engaged in some fishy economics, is the oil cartel, known as the Organization for Petroleum Exporting Countries, (OPEC).
Oil is not only the magic juice that makes our cars run, it essentially makes the world run, which is why some key oil producers banded together to form a cartel.
Continue reading “Oil Cartels and Those Damn Dirty Pizza Dealers”