economics

The Eco Cost of Spam

Tuesday, June 16th, 2009 | economics | No Comments

The Economist reports on the costs of sending emails, and the huge environmental impact of the never-ending waves of spam that we must deal with.

The Big Problem of Small Change

Tuesday, June 2nd, 2009 | economics | No Comments

I always had a strange urge to hoard coins. I would imagine that with a few years of work I could create a large stockpile of a particular denomination, like the 10c or the 20c coins, and through the mild economic disruption that my shortage created, I would derive a strange sense of pleasure. Don’t worry, I have sought help.
But Argentina is going through this exact problem right now. Some speculate that citizens are hoarding the coins because inflation is pushing the value of the metal in the coin above the face value of the coin. James Surowiecki reports on the ‘change’ in Buenos Aires.

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