How the Economics of Sugar Tariffs Explain Trump’s Election

Maybe not a well known fact to many Americans is that the US has a sugar tariff.  This tariff/quota is used to protect sugar producers in Florida from having to compete with importers. This roughly increases the US price of sugar by 20 cents per pound versus the world price costing American consumers and sugary food/drink… Read More How the Economics of Sugar Tariffs Explain Trump’s Election

The Politics and Economics Behind Bee Population Decline.

In the 1960s, the world was facing a potential devastating food shortage that threatened millions of people in Pakistan and India (Easterbrook 1997). Thanks to Norman Borlaug and others who took part in what ended up being known as “The Green Revolution” crop yields increased dramatically and the crisis was diverted (Easterbrook 1997). Despite being… Read More The Politics and Economics Behind Bee Population Decline.

Spongebob Squarepants and the Hidden Story of CopyRight Laws.

In my Comparative Institutions economics course today we discussed patents and copyright issues. Ask yourself, “Who owns your face?” Obviously you own your face….right? Well it is quite a bit more complicated then that. Whether it be taking ownership of your face in a video game or trying to make sure your face never ends… Read More Spongebob Squarepants and the Hidden Story of CopyRight Laws.