Economics @ ITT

Chicago Tollway Considers Congestion Pricing

Posted in Uncategorized by ittecon on May 25, 2012

Tollway Considers Congestion Pricing – Local News – Chicago, IL – msnbc.com.

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Do crazy licensing rules kill entrepreneurship?

Posted in economics, employment by ittecon on May 21, 2012

All states—though not the anarchic United Kingdom—require barbers to be licensed, but the specific requirements seem to vary arbitrarily. New York barbers need 884 days of education and apprenticeship. Across the river in New Jersey, it’s 280. But getting one’s hair cut in New Jersey (to say nothing of England) is hardly a life-threatening gamble.

Taxes don’t kill entrepeneurship. Crazy licencing rules do. — Matthew Yglesias, Slate.com

It’s Like Dad Going On A Spending Spree And Then Some Other Dad Gets Blamed For It

Posted in Uncategorized by ittecon on May 19, 2012

Anyone running for office on the Bush fiscal policies should have this Etch-a-Sketched onto their speaker’s notes.

via It’s Like Dad Going On A Spending Spree And Then Some Other Dad Gets Blamed For It | MoveOn.Org.

Paying Workers Enough to Live Is Communism

Posted in economics, employment by ittecon on May 19, 2012

Monopoly power in action

Posted in antitrust, economics, environment, externalities, Policy Issues by ittecon on May 16, 2012

90 Percent of Corn Seeds Are Coated With Bayer’s Bee-Decimating Pesticide

90 Percent of Corn Seeds Are Coated With Bayers Bee-Decimating Pesticide | Mother Jones.

Long-term unemployed losing benefits as job picture appears to improve

Posted in economics, employment, macroeconomics, Policy Issues by ittecon on May 14, 2012

Nationwide about 12 million people are out of work and actively seeking a job. About 5.1 million of those are considered “long-term unemployed,” meaning they have been looking for work for 27 weeks or longer.

What’s more, one big reason the unemployment rate has been falling is because many people are giving up on finding a job or not entering the labor force to begin with. People not actively seeking a job are not counted as unemployed by the BLS.

Economy Watch – Long-term unemployed losing benefits as job picture improves.

Social Security Is Not Going Broke

Posted in economics by ittecon on May 8, 2012