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Yassine G

Unemployment Claims Decline to Nearly a 7-Year Low - NYTimes.com - 0 views

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    This article talks about how unemployment is decreasing and what are the causes. We saw that there was a seasonal unemployment and that the government's intervention was helpful as it created new jobs 
John B

Jobs at a Turning Point - NYTimes.com - 0 views

  • the employment report for February was a relief. The news that the economy added 175,000 jobs last month was better than anticipated, and much better than the dismal reports in December and January.
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    This article is talking about how the unemployment has gone down. Even decreased more than expected. It also discuss how the parties have been thinking about the unemployment in the US.
Amanda Anna G

Counting the Cost of Fixing the Future - NYTimes.com - 0 views

  • What would you pay to protect the world in which your great-great-grandchildren will live from hurricanes, drought and the like?
  • Perhaps the most startling conclusion to be drawn from the new estimates is that the sacrifice demanded of our generation to prevent vast climate change down the road may turn out to be rather small.
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    I think this article was appropriate for our task, since most of the article was about opportunity cost, if we should spend our money on fixing the future. This subject (the environment) can be seen as an opportunity cost since we choose to venture our money on the environment for the future, even though we might not will take part of the advantages now, for the moment.
Yassine G

Pollution as a Public Good - NYTimes.com - 1 views

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    This is a very interesting public good. It is both helpful for the government and the public. Pollution will decrease, which means better and healthier living condition, and the cost of the permits allows the government to add new public gods or improve the quality of its services. 
John B

Technology Eases the Ride to Higher Tolls - New York Times - 0 views

  • I imagine that some of the children being driven to the Jersey Shore today won’t even look away from their DVD players as they glide through a toll.
  • As a result of E-ZPass and its ilk, even many adults don’t notice the cost of a toll.
  • Which raises an interesting question: If you don’t know how much you’re paying for something, will you notice when the price goes up? Or has E-ZPass, for all its benefits, also made it easier for toll collectors to take your money?
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  • fter an electronic system is put in place, tolls start rising sharply. Take two tollbooths that charge the same fee and are in a similar setting — both on highways leading into a big city, for instance. A decade after one of them gets electronic tolls, it will be about 30 percent more expensive on average than a similar tollbooth without it. There are no shortage of examples: the Golden Gate Bridge, the George Washington Bridge and the Tappan Zee Bridge, among them.
  • “You may be less aware you’re paying the toll,” said Ms. Finkelstein, now an associate professor at M.I.T., “but you’re paying a higher toll than you used to.”
  • The E-ZPass economy is indisputably more convenient. It saves time and frustration. But the old frustrations that came with cash also brought a hidden benefit: they forced you to notice that you were spending money. With electronic money, it’s much easier to be carefree.
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    In this article we read about how ignorant we can be for the taxes we pay when entering cities due to the electronically tolls. It is very easy for the E-ZPass company to raise the cost when going through a toll since it is payed with electronic money. Still we get something out of this. We save time and we don't get frustrated on waiting to pay the toll. That is a demand that is very high since everyone has very little time to spare and we really don't Want to become frustrated. So this company use these demands in to their benefits.
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    In this article we read about how ignorant we can be for the taxes we pay when entering cities due to the electronically tolls. It is very easy for the E-ZPass company to raise the cost when going through a toll since it is payed with electronic money. Still we get something out of this. We save time and we don't get frustrated on waiting to pay the toll. That is a demand that is very high since everyone has very little time to spare and we really don't Want to become frustrated. So this company use these demands in to their benefits.
Aleksi B

Job Creation Should Be Policy Priority, O.E.C.D. Report Finds - NYTimes.com - 0 views

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    The article talks about how job creation needs to be created by the use of supply side policies.
Yassine G

Aggregate Supply, Aggregate Demand, and Coal - NYTimes.com - 1 views

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    this article talks about how a policy change could affect aggregate supply. It is quit hard to understand but it is very interesting. Of course this is from the point of view of an economist, Paul Krugman 
Yassine G

Islamic State Says It Plans to Issue Its Own Currency - NYTimes.com - 2 views

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    This article talks about how a group of people is considering creating their own currency.This raises many questions as would it be acceptable and what s the outcome on the rest of the world's economy especially that gold is intend to be used. 
Jakub B

Monoposony Begets Monopoly, And Vice Versa - 2 views

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    The article describes a situation in which a company that is a monopoly becomes a monopsony. It also shows that a merge of two separate companies is very dangerous to the society.
Zuzanna G

Supply, Demand and Unemployment benefits - 2 views

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    This article deals with the effect of unemployment benefits on the unemployment rate.
Hardy Hewson

Breakfast Items Lead a Big Jump in Food Prices - 3 views

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    The cost of meats, fish and eggs led last month to the biggest increase in food prices in nearly two and a half years, according to government data. An index that tracks those foods rose 1.2 percent in February and has climbed 4 percent over the last 12 months. This article outlines the effect of diminishing supply on national food prices. The example featured in this brief article is on the increase price of breakfast foods in the United States.
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