Two-way Trade in the “Same” Commodity
The same commodity can be both imported and exported to a single country.
In some economically relevant regard, the product being imported at any particular moment differs from the product being exported from a given country. International trade is much more complex than one might imagine.
Telemedicine Is Popular: Why Isn’t It Everywhere?
Will telemedicine revolutionize the healthcare industry?
Telemedicine, the use of telecommunication technology to help administer medical care, is often credited with “radically changing” the healthcare market. Some have credited telemedicine with revolutionizing healthcare delivery, private practice, and outpatient care among other components of healthcare.
Developing Countries Lead in Education Innovation
Old-line government schools are failing many children, especially in low-income neighborhoods.
Even though government schools have serious flaws, many parents are reluctant to gamble on new learning models. On the other hand, American parents can overcome the obstacles to innovation.
Does Legalizing Weed Increase Home Values?
Legalizing retail sales of marijuana in Colorado increased housing values by about 6%.
The last decade has seen a slow move toward nationwide marijuana legalization. The Pew Research Center reported at the beginning of January that 61% of Americans support marijuana legalization.
Guard Your Liberty
Are you willing to give up your liberty for safety?
One of the greatest threats to freedom is indifference by those who possess it.
Medical Apps: Improving Healthcare on a Global Scale
Around 70% of all health problems can be handled online.
Wait times to see physicians have skyrocketed in recent years.
Right-to-Try Is Just What the Doctor Ordered
Right-to-Try opens new doors for terminally ill patients.
Those who defame right-to-try are quick to defend the FDA, insisting its current role protects consumers. Even in life-and-death situations, its opponents maintain should be made.
What Can We Learn From 16th Century Pirates?
16th century pirates have a lesson to teach about free trade.
In the 1500s, Chinese imperial officials vigorously prohibited international trade.
How a Charity Uses Fake Money and Auction Markets to Help Feed America
This nonprofit worked with economists to solve a knowledge problem.
Feeding America’s CEO recognized the mismatch between local and central knowledge, and was determined to solve the problem.