Looking back to the first text message, few of us would have predicted its spread and impact during the past 30 years.
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Happy Birthday to a Great Father (of our economy)
When you sing happy birthday to Alexander Hamilton today, please just think of this upward sloping (logarithmic) economic growth line: Today, 257–or maybe 259–years ago (no one is positive) on the Caribbean island of Nevis, Alexander Hamilton was born. Only…
Why Birthday Cat Is Grumpy
When deciding whether the Happy Birthday song has a copyright, we are really debating how broad or narrow intellectual property rights should be.
How Stock Markets Have Changed
Celebrating its 125th birthday, we can use the Dow Jones Industrial Average to see how the U.S. economy has changed
Where the Reverse Supply Chain Takes Us
Returning a massive amount of goods annually, we have created a reverse supply chain that uses considertable land, labor, and capital.
The Economic Side of the Cronut
Celebrating the Cronut’s 10th birthday, we can also enjoy its economic side. Let’s take a look. Cronut Economics Described as “Pastry Nirvana,” the Cronut was introduced on May 10, 2013, at Dominique Ansel’s NYC Bakery in Soho. With no room…
What We Need to Know About Uber
Knowing that it needs to eliminate its driver shortage, Uber is trying to increase supply by offering higher wages.
Why Tesla is Like a Model T Ford
Although they are separated by a century, the Model T Ford and Tesla are rather similar when we look at their leadership and production.