My own conflicted reactions to discussions of “pink slime” – the processed beef product that is at the center of considerable controversy – illustrate the complicated economics of modern food and its processing. I can’t help it; the “yuk factor”…
In shipping, cattle and some careers, cycles play out
The bottom has fallen out on shipping rates, putting the world’s ship owners and ocean shipping companies in dire financial straits. For the dry bulk carriers that haul grain, iron ore, coal and similar commodities, charter rates as of February…
Health insurance would not be first mandate from government
Economists aren’t lawyers and should not speculate about any Supreme Court ruling on the constitutionality of imposing penalties on people who don’t buy health insurance. However, they do have insights for considering the issue more broadly. Start by recognizing that…
Right-to-work debate full of economic tradeoffs
Regardless of what position you take on whether the Minnesota constitution should be amended to make it a “right-to-work” state, you probably can find an economist to support it. Unlike, international trade, which economists across the political spectrum generally find…