Tag: Product consumption

Almost anything can be recycled with a bit of ingenuity. Start with glass, paper, metal, and plastic. Set any items made from those materials aside from your regular trash. Other items that can be recycled, although you may have...

Think of a country whose citizens are given an opportunity to choose what they want to consume. They can pick out products and services from a set of “bread and circuses” that lies within their area of production possibilities. Let’s...

The past years have become one of the warmest on record and marked the end of the warmest decade (2010–2019) on record. Large-scale human activities, especially the burning of fossil fuels, have accumulated enough carbon dioxide and other greenhouse...

Unfortunately, economists often have to receive rebukes from laypersons who claim that economics regards people as greedy and selfish creatures unwilling to make a choice before they make sure that benefits of their actions exceed costs arising from them....