Description:
How are economics and the environment related? The quick answer is that environmental quality is a worthy goal, but there is an economic trade-off -- a clean environment does not come without costs. The September 2014 Page One Economics article, "Economics and the Environment", provides some economic strategies for protecting the environment.

Note:
Prior to the Feb. 2012 issue, the newsletter was published under the title Liber8 Economic Information Newsletter.

The Economics of Immigration: A Story of Substitutes and Complements

May 2014

Description:
America is a nation of immigrants, who currently make up about 13 percent of the overall population. The May 2014 issue of the Page One Economics Newsletter shows how immigration affects the average American. The essay weighs the costs and benefits of immigration and discusses the concept of immigrant workers as substitutes for and complements to native-born workers.

Note:
Prior to the Feb. 2012 issue, the newsletter was published under the title Liber8 Economic Information Newsletter.

Description:
The nonpartisan Congressional Budget Office tackles that question in a new report and highlights the trade-off presented by increasing the minimum wage. This issue of the newsletter explains the debate and discusses whether other approaches may be more effective in helping alleviate poverty.

Note:
Prior to the Feb. 2012 issue, the newsletter was published under the title Liber8 Economic Information Newsletter.

The Rising Cost of College: Tuition, Financial Aid, and Price Discrimination

January 2014

Description:

The cost of a college education seems to be skyrocketing—but is it really? Learn about the concept of price discrimination and how it affects college costs.


Note:
Prior to the Feb. 2012 issue, the newsletter was published under the title Liber8 Economic Information Newsletter.

Description:
To understand why people trade, suppose you were limited to consuming only items you could find within walking distance of your house. Or, perhaps even worse, only items you could produce yourself. For most of us, this restriction would severely diminish the variety of goods and services we enjoy on a daily basis. Therefore, the simplest answer to the question is that people (or entire countries) trade because they will enjoy a wider variety of goods.

Note:
Prior to the Feb. 2012 issue, the newsletter was published under the title Liber8 Economic Information Newsletter.

Description:
The unemployment rate always seems to be in the news, but did you know there are different kinds of unemployment? There is the natural rate of unemployment; cyclical, frictional, and structural unemployment; plus underemployment. Read the October 2013  Page One Economics Newsletter, “Why Scarce Resources Are Sometimes Unemployed,” to learn the differences.

Note:
Prior to the Feb. 2012 issue, the newsletter was published under the title Liber8 Economic Information Newsletter.

Description:
Is there a recipe for economic growth? Perhaps some Miracle-Gro for the economy? If only it were that easy. While the exact recipe is a mystery, economists have identified some of the key ingredients. This month’s newsletter discusses the role that economic institutions play in fostering long-term economic growth.

Note:
Prior to the Feb. 2012 issue, the newsletter was published under the title Liber8 Economic Information Newsletter.

Description:
"Back in my day, a gallon of gas cost a quarter!" Has your grandfather ever said something like this to make a point about how expensive things are now?  The price of gasoline indeed used to be much lower. In fact, the price of gasoline has risen from a little over $1 per gallon in 1992 to a little over $3.50 per gallon 20 years later.

Note:
Prior to the Feb. 2012 issue, the newsletter was published under the title Liber8 Economic Information Newsletter.

Description:
How is the total value of all the goods and services produced in a country’s economy measured? Gross domestic product (GDP) is one common and fairly comprehensive measure. This month’s newsletter explains GDP components and how it is calculated. It also describes what GDP does—and does not—measure.

Note:
Prior to the Feb. 2012 issue, the newsletter was published under the title Liber8 Economic Information Newsletter.

Description:
Remember when airlines started charging for checked bags? What happened to the number of checked bags after this added charge? And what happened to the availability of in-cabin storage space on planes? This month’s newsletter answers these questions and discusses the pivotal role price plays in a market economy.

Note:
Prior to the Feb. 2012 issue, the newsletter was published under the title Liber8 Economic Information Newsletter.

Description:
They say that "money makes the world go round." Just imagine a world without money as our method of payment for everyday transactions. Without money, we would all need to barter for necessary goods and services. For example, suppose an accountant needs to have her car fixed. Under a barter system, she would have to find someone who needed some tax advice in exchange for car repairs. The search to find a barter partner is time consuming and wasteful. Money solves this problem and many others. Read more about the three main functions of money and the damaging effects of too much inflation on these functions.

Note:
Prior to the Feb. 2012 issue, the newsletter was published under the title Liber8 Economic Information Newsletter.

Investing in Yourself: An Economic Approach to Education Decisions

February 2013

Description:
"Human capital" may not be the first thing that comes to mind when we think about investments, but investing in education and training is an important economic decision. Learn about human capital and the return on such an investment in the February 2013 Page One Economics Newsletter—"Investing in Yourself: An Economic Approach to Education Decisions."

Note:
Prior to the Feb. 2012 issue, the newsletter was published under the title Liber8 Economic Information Newsletter.

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