While the trajectory of consumer price changes should make us happy, instead we’ve responded with concern.
Why We Expect Faster Deliveries
Mostly because of Amazon, the demand and supply sides of markets encourage us to expect increasingly faster deliveries.
What Economists Say About Crocs
We can use the economics of Crocs to understand why so many of us are willing and able to purchase an aesthetically questionable shoe.
The Death of the Pizza Principle
Since 1980, the convergence of New York City subway fares and pizza slice prices was a predictable phenomenon called the pizza principle.
How Fast Food Got Faster
Like we expect drive-thru speed, now, at home too, we will enjoy faster food delivery through a new DoorDash McDonald’s deal.
How Fast (Delivery) Became Slow
Looking back as far as the 19th century and as recently as the start of Amazon Prime, we can see how what we call fast delivery has changed.
A (Strawberry) Pop-Tart Tort
Reminding us that labels matter, consumers took Kellogg’s to court because Strawberry Pop-Tarts have more pears and apples than strawberries.
How An Olympic Medal Can Make Someone Sad
Depending on whether they won gold, silver, or bronze, Olympic medal winners might not be as happy as we would expect.
Why Amazon Is Buying a Freighter Fleet
Just 16 years ago, we needed a $25 minimum order to get Amazon’s free Super Saver Shipping for an 8 to 10 day wait. An extra $9.48 got us two-day delivery and $16.48, one day. But then in 2009, they…
Where LEGO is More Than a Toy
Instead of spending hours or even days constructing a multi-thousand piece set, many thousnads of people prefer investing in LEGOs.