This Triangle Business Journal article confirms the obvious: Chief financial officers in the United States say a minimum wage increase to between $10 and $15 per hour would cause ... Keep Reading
supply and demand
Oil has been decreasing in supply for over 80 years…
We aren't running out of resources as fast as some would have you believe. We have been depleting our supply of crude oil at an alarming rate ever since the extraction of this ... Keep Reading
Supply, Demand, and Green Energy
Examples have been abundant for years that government subsidies of the green movement are nothing but bad news, and they’re not slowing down. With Solyndra’s collapse still fresh ... Keep Reading
Upset About UNC Tuition Hikes? Here’s a Free Economics Lesson
Here is a free economics lesson for these college students protesting proposed tuition hikes. The price of a good or service (such as tuition and fees for college) is set where ... Keep Reading
Inflated Demand + Restricted Supply = Higher Prices
In response to this editorial in the News & Observer, I sent the following letter: Louisa Warren notes the “astronomically high” cost of child care in North Carolina, but is ... Keep Reading