Mark Bittman has a piece in the New York Times where he analyzes the "true cost" of hamburgers. There are some things right with the piece and some things wrong. In general, thinking about the costs of meat consumption is important, and casting the discussion in economic rather than moral [...]

Why does the medical-device excise tax still exist? The tax is a universally reviled Obamacare revenue-raiser, skimming 2.3 percent off the sales of medical devices. Outside liquor and tobacco, most Americans don't see excise taxes, which are levied on gross sales, irrespective of a company's profitability.

Ciggarette is a good which is competitive, since it is inelastic Wallstreet is worried about because of the price rised, there can be a probable decrease in demand even though it is addictive.

Setting prices can be a very challenging part of running a successful business. You want to be competitive, but you also need to be profitable if you want to survive for the long term. So how do you go about setting prices that'll help you do both?

NEW DELHI: The Rural Development Ministry Tuesday ordered district administrations to ensure that water conservation work like construction of check dams and de-silting of traditional water bodies are taken up under the rural job act to mitigate drought-like situation.