Posts Tagged ‘invisible hand’

  • Because of less supply and more demand, lemon prices are soaring.

    Are We Getting Squeezed by Lemon Growers?

    Sep 25, 14 • 168 Views • No Comments

    Supply and demand have upped lemon prices. For supply, there was a drought and freeze in California; while popularity and pricier limes have led to increased demand....  [read more]

  • Gary Becker opened a new world when he used economics to study human behavior

    The Rotten Kid Theorem and Other Gary Becker Ideas

    May 6, 14 • 383 Views • No Comments

    Gary Becker image courtesy of University of Chicago. All too often, if you say you are looking at the economics of the family, people assume you are talking about money. Nobel Laureate Gary Becker, who died this week (1930-2014), changed all of that.  At...  [read more]

  • Brazil's Transportation Infrastructure World Cup to-do

    Brazil’s World Cup To-Do List

    Feb 4, 14 • 469 Views • No Comments

    Preparing its transportation infrastructure for the 2014 World Cup and the 2016 Olympics, Brazil has one giant to-do list. In the air and on the ground, it has the participants, the officials and the fans that have to be moved around. Curious about Brazil, I...  [read more]

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    Naming Matters

    Oct 5, 11 • 246 Views • No Comments

    Combine something enjoyable like a strawberry with a color that connects to high tech. Then add the one letter that has a “reliable” sound in most languages and what do you get? Blackberry. Actually, the Blackberry might have been called the...  [read more]

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    Trivial Pursuits

    Jun 3, 10 • 230 Views • No Comments

    Playing Scrabble in a bar, Canadian journalist Chris Haney and a sports reporter friend thought they could do better. Within an hour, during December, 1979, the two created the idea for Trivial Pursuit and drew an initial version of the game board on bar room...  [read more]