Every year has its surprises, and 2016 was no exception. Globally there was a rejection of business as usual and a movement away from globalization. As in every year, new products caught our attention and new innovations provide promise for our future. Some developments force us to re-evaluate issues such as immigration, trade, and privacy. Here is our list of events related to economics. Please share the list with teachers and economics students who you believe may be interested in reading it. As always, we welcome your input. More

When I taught economics I looked for current, but historical moments to illustrate fundamental economic principles. Tuesday night's and Wednesday's price movements on the stock markets provide a wonderful lesson in the basic laws of supply and demand. More

Newsflash – An explosion on the Colonial Pipeline killed one and injured several others on Monday. This is the second disruption of the Colonial Pipeline in two months. Again, gasoline prices will jump and shortages may occur. Gas lines had begun to form on my way to work this morning. More

Excise taxes finance much of the US infrastructure. For example, governments use the gasoline tax to help fund their highways. A country's infrastructure provides the means for people to travel, communicate, and live comfortably. It includes roads, bridges, electrical grids, ports, schools, phones, the internet, gas, water and sewer pipelines, railroads, and airports. The American Society of Civil Engineers has issued very low grades for the US infrastructure. More