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Opinion

Transitory Issues With Monopoly

Traveling in and out of the New York City area around the holidays is difficult and hectic under the best of circumstances. I was there last month just as the NYC transit workers were threatening to walk out on their jobs. How could one group of workers virtually shut down New York City mere days before one of the busiest holiday weekends of the year? Monopoly.

Dr. Karen Y. Palasek

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Opinion

Lindalyn’s Journal

It's hard to believe that 2005 is drawing to a close, and the New Year will soon be upon us. The old truism "time flies" becomes more real to me with the passing of each year. If you are anything like me, your daily life is filled to the brim with coming and going, leaving little time for rest and reflection.

Lindalyn Kakadelis
Opinion

A Christmas Bedtime Story for Economists

The Christmas season is packed with all kinds of lessons. With that in mind, it is worth pointing out that Santa is no slouch when it comes to economics. Santa, alone among holiday figures, has learned to apply the economic concept of comparative advantage to one of his most important functions—his holiday gift distribution system.

Dr. Karen Y. Palasek