I had an epiphany of sorts last night I’ll share with you that is a real world illustration of the economic theory behind comparative advantage. My wife is going to need to start using our basement exercise room, so I bought a dumbbell rack to get my dumbbells off the ground and organized. The problem, … Read moreHow To Maximize YOUR Comparative Advantage
Apparently Seattle has gone fully insane. Look at this picture. The price of Gatorade has increased almost 100% because of the new ‘tax’ on sugary drinks. So, think about this for a second. What are the unintended consequences of this tax? I’ll wait here while you digest this. If you said people will drink less … Read moreProhibition=Crime (Remember Eric Garner)
On my way to the gym on a cold, New Hampshire afternoon I came across the amazing Singapore ship, Strategic Alliance, docked in the Portsmouth port. This ship is here to deliver tons upon tons of sand for people in New Hampshire and Maine to put on the roads during a nasty ice storm. … Read moreSolar Panels Can’t Do This! International Trade Can Only be Conducted With a High Density Energy Source.
Interesting article here. A couple US Solar manufacturers are asking for a tariff of 25 cents per WATT on imported Solar Cells and 32 cents per Watt on PV panels with a minimum price on panels of 74 cents per Watt. At issue, of course, is that the pro-solar advocates have been saying for years … Read moreDilemma for American Free-Traders: Cheap Solar Panels vs. Domestic Manufacturing