Sunday, March 09, 2008

High Price of a Gallon of Gas


The national average is $3.20 per gallon. It will only go higher. At what point do we start making changes in our lifestyles? Will you continue to drive as much as ever, and just cut back elsewhere? Is the demand for gas totally inelastic? Surely, at some point we will start driving less. What are your thoughts?

How Government Makes Things Worse


I know we just had an article on the law of unintended consequences, but I couldn't pass this one up. Ethanol and Sub-prime have more in common than what we would think.

Price of gold soars


The price of gold has reached historic highs. As young economists, can you predict some of the consequences of this? Go beyond the obvious of just more expensive jewelery.