This article in "The Economist" discusses differing arguments that support the idea that different radio frequencies should either need to be reserved, and thus be a form of private goods, or be common access resources that could be used by everyone. A specific example that is discussed is the American Federal Communications Commission (FCC) which manages the private reservation of radio frequencies. Overall, I found this interesting as it discusses a new common resource that has arisen due to a development in technology.

This article outlines the international negative externality of greenhouse gas emissions. Greenhouse gases harm the environment on a global scale, yet firms can overlook this, as the effects of the externality do not have a very direct effect on the society, or the world as a whole, and the cost of reducing emissions in the future does not have be paid for yet, and thus they reap private benefits. At some point however, the global society will have to come up for these unaccounted costs.

The United Nations could implement a universal price floor for carbon offsets. This is due to their falling prices, which have dropped by 95%. This was due to the falling demand for them. In order to stop this a price floor would help significantly, especially because the UN wants them to be implemented in developing countries to reduce carbon emissions.

This article discusses Mexican plans to implement a 5% percentage tax on fattening foods, a 16% percentage tax on chewing gum and a 8 cents specific tax on sodas. This is a fine example in which a government is using excise taxes as a means of discouraging consumption of a product that is harmful for one's health.

This article describes the findings of Lanre Kassim of the University of Kent, who has found out that the trade liberalisation of economies in sub-Saharan African countries has not been able to affect the YED of imports and exports, meaning that trade liberalisation has not significantly changed the rate of change of income in these countries. However, Kassim states that PED of exports and imports has increased, and thus a significant change in demand can be recognised, however little the change in total income may remain.

This article discusses the argument that is ongoing between East Anglian MPs concerning the implementation of a toll road, and one such MP argued that demand for the toll roads is not inelastic, as drivers would take alternative routes to the toll road, and thus this opportunity of a substitute makes it inelastic.

This article outlines the decrease in availability in foreclosure (aka mortgage, a real estate loan) in the area of Charlotte. As the availability of credit is a non-price determinant of demand, the demand curve has shifted to the left, which has changed the point of market equilibrium (when one graphs the price against the quantity of houses), and thus, the supply of houses in the area. This example clearly displays how shifts in the demand curve affect the overall market equilibrium, through the nature of the price mechanism.

This article outlines how the demand for a certain book has increased the quantity of books produced. This is due to the particular taste of humour of the consumers, and shows how a non-price determinant has an effect on demand.

This article discusses the impact of low economic development in an exemplary LEDC, Kenya. It explains how freshwater is very scarce and how it has hurt the growth of agriculture in the country's poorest county, Turkana County, but also outlines how the discovery of new water reserves could possibly combat this. Unfortunately, though due to the underdeveloped infrastructure of the region, and the inefficient enterprise (in this case, the government), it could be difficult to realise a steady supply of water. Thus, a vicious cycle is formed, in which development increases at a snail's pace.