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Fill Up the Tank in Luxembourg

The price of gasoline is currently outrageous in the Netherlands, about €1.60/liter (about $8.80 per U.S. gallon). What do residents do? They arbitrage, so that if they’re headed south they plan to drive through and fill up in Luxembourg, where the price is “only” about €1/liter. This is a bad idea, unless your trip would take you near there anyway. Also, because there are often long lines of liked-minded arbitrageurs waiting to fill up, this is a bad idea if your time is valuable. Read More »



Women Continue to Make Education, Labor Gains

A new Census report finds that for the first time, more women in the workforce have bachelor’s degrees than men (37 percent vs. 35). Women are gaining on the education front in general: for ages 25 to 29, 36 percent of women had a bachelor’s or advanced degree versus 28 percent for men. Women were also slightly more likely to have a high school diploma than men: for age 25 and above, it’s 87.6 percent versus 86.6 percent. Read More »



Keynes Vs. Hayek, Round 2

Remember Round 1? Here now, the two economics heavyweights square off again, in spectacular rap-ified fashion: You can find more related material here. It is the co-creation of Russ Roberts, who you may remember making some provocative arguments in our “What Would the World Look Like If Economists Were in Charge?” podcast. And here‘s a Read More »



Will New HTML Unlock the True Power of Smartphones?

Photo: Nokia Connect A new report from the consultants at McKinsey touts the impact that a new generation of HTML code will have on the world’s smartphones. HTML is the programming standard that’s the backbone of the Internet. The latest version, HTML5, will essentially allow mobile programs to run through a Web browser rather than Read More »