Mark J. Perry is concurrently a scholar at AEI and a professor of economics and finance at the University of Michigan's Flint campus. He is best known as the creator and editor of the popular economics blog Carpe Diem. At AEI, Perry writes about economic and financial issues for American.com and the AEIdeas blog.
1. Occupational licensing gone wild: Professional dog walkers in San Francisco must now obtain a license from the city, and the city now limits the number of dogs that can be walked at one time to eight, and requires a vehicle inspection/approval of any vehicle used to transport dogs for commercial walking.
2. What’s next? A license to grill in your backyard? 3. Business Insider’s list of America’s most expensive colleges: New York University is No. 1 at a whopping $61,977 per year (about $250,000 for four years), and that doesn’t include books, travel, etc. Is this more evidence of an unsustainable higher ed bubble?
5. Markets in Everything: New generation of robots target the last frontier of agricultural mechanization: picking fresh fruits and vegetables. The “Lettuce Bot” can “thin” a field of lettuce in the time it takes about 20 workers to do the job by hand.
8. “Peak Oil” is dead, R.I.P. — or at least the Oil Drum website dedicated to “educating” the world on the flawed theory has died, in the face of North America’s massive energy production boom. The Motley Fool identifies five of the companies that brought down Peak Oil.
11. Paul Krugman Is The ‘Mean Girl’ Of Economics: Breaking with the fraternal nature of the academic community, he is extraordinarily combative. Ever-snarky but never witty, his writing has “teenage aspects,” an “adolescent casualness,” “high-school sarcasm” and emits a “sour smell of contempt.”