Just like there’s no such thing as a free lunch, for consumers, retailers and shippers, there’s no such thing as free shipping.
The Magic of the MetroCard
The introduction of just one small MetroCard transformed NYC by lowering the transaction costs for traveling to work and friends in different boroughs.
Oscar’s Hidden Costs
Frequently hidden, Academy Award costs relate to gifts given to the major nominees and the host, to the speeches and even to our taxes.
The Clash Between a Tiny Bug and a Texas Rancher
When a tiny bug stops a rancher from developing his land, the result is a clash between a government protecting an endangered species and private property.
Weekly Roundup: From Smart Cars to Dumb Laws
This week’s economic news summary includes work week tradeoffs in France, new labor laws for the gig economy, and why price tags are disappearing.
Weekly Roundup: From Area Codes to Toilets
This week’s economic news summary included looking at human capital from a health care and college perspective and at area codes as conspicuous consumption.
Four Charts That Show Why We Should Go to College
With higher college tuition and less wage growth for college grads, still, the college wage premium and its opportunity cost make college worth it.
Weekly Roundup: From Cloned Cows to T. Rex Sales
This week’s economic news summary included China’s cloned cows, turkey facts and productivity,food lawsuits and limited liability and economic development.
A Thanksgiving Turkey Top 10 List
Illustrating that economics is about a lot more than money, a Thanksgiving Turkey Top 10 List presents economic insight about decision making.