Surge Pricing Comes To The Restaurant Industry

An elite London restaurant is experimenting with surge pricing wrote Richard Vines: The Bob Bob Rica

People Are Using Ubers Instead Of Ambulances

Brad Jones wrote about an unexpected healthcare cost reduction method: Getting into an ambulance can

Why Have A President When You Can Have A Monarch?

Leslie Wayne wrote about today’s monarchists: The International Monarchist League argues that

 

Economics of Eating at Lehigh

April 30, 2011 in Editorial

Choosing the right meal plan can be a difficult thing to do. There’re many options, and the combinations of meals and dining dollars only makes the choice more difficult. In this post, Centives decided to take a look at the meal plans and determine their various values. Beware if you’re on anything other than the 19 weekly meal plan; the results are likely to shock you. Read the rest of this entry →

The Economics of Death Star Planet Destruction

April 29, 2011 in Daily Bulletin

If you’ve ever watched Star Wars and wondered:

Doesn’t the Empire take a huge economic loss from the lost productivity of an entire planet? They were presumably paying taxes and providing resources to the rest of the Empire. Presumably the loss of that planet’s output would have to be made up by increased output from other planets that were either slacking in productivity due to rebellion or threatening to rebel and withdraw from the Empire altogether. It doesn’t seem to make good economic sense.

Then this article is for you. Read the rest of this entry →

Fed Holds First Press Conference

April 27, 2011 in Daily Bulletin

The Federal Reserve Bank is known for not giving out much information except some statements explaining any new decisions it has made. However, breaking from tradition, the Fed held a press conference today. Why? Read the rest of this entry →

What Beer Says About an Economy

April 26, 2011 in Daily Bulletin

A country’s demand for goods tends to correlate to the strength of its economy, and beer apparently is no exception. As a country’s economy strengthens, it’s citizens start to drink more. However, there comes a point where demand levels off and then starts to decrease. This point is Read the rest of this entry →

Education and Religion

April 25, 2011 in Daily Bulletin

In an article on the Freakonomics Blog, Stephen Dubner overviews a paper written by a Notre Dame economist on the relation between religion and education. For an additional year of education, it was found that the effect on religious participation was Read the rest of this entry →

Forbes Fictional 15 Richest Characters

April 24, 2011 in Daily Bulletin

Every year Forbes publishes a list of the 15 richest fictional characters. Ever wanted to know if Scrooge McDuck has more money than Montgomery Burns? Or if Wayne Enterprise could purchase Stark Industries? The methodology used to calculate the net worth of fictional characters is surprisingly sophisticated.

Topping the list with a net worth of $44.1 Billion is Read the rest of this entry →

A ground breaking way to eliminate the deficit: do nothing

April 23, 2011 in Daily Bulletin

Slate magazine recently presented their own plan to cut the budget deficit. They suggest that the best way to bring the deficit under control is for the government to do nothing. Confused? Read their plan here.

They note that:

Doing nothing means the Bush tax cuts would expire, as scheduled, at the end of next year. That would cause Read the rest of this entry →

Senate Allocations Decisions Part 2

April 23, 2011 in Snips

In part one we looked at the changes in the budget of the various groups on campus. Now we’ll examine how different classes of organizations fared. As before Centives focused on Read the rest of this entry →

5 Economic Collapses More Ridiculous Than The Financial Meltdown

April 22, 2011 in Daily Bulletin

In the middle of the financial crisis, comedy website Cracked took a look at some of the more interesting economic meltdowns in history. Read the article here. Who knew that there could be a speculative bubble in tulips 400 years ago? Read the rest of this entry →

What Is Your Computer Worth to You?

April 20, 2011 in Daily Bulletin

Is your computer worth the amount of money that you paid for it, or is it worth a whole lot more? An article by Slate Magazine takes an interesting look at the question. Read more after the break. Read the rest of this entry →