From the Chrysler Building in NYC to Taipei 101 in Taiwan, the timing of super tall skyscraper construction provides clues about business cycles.
What Happens When You Pay What You Want?
Affecting a firm’s revenue, when consumers can determine price through pay-what-you-want, the amount they select depends on their unselfish self-signaling.
How a Soap Opera Affected Brazil’s Fertility Rate
During the past 40 years, Brazil’s fertility rates declined. One cause was the new values that soap operas conveyed to an uneducated rural population.
What Stock Market History Tells Us
U.S. stock market history from 1900-2015 shows how the diminishing dominance of industries like railroads reflects innovation and creative destruction.
The Disease That Alaska Might Have
Like Dutch Disease, Alaska’s oil industry dependence has eliminated other government revenue that might be necessary now that the price of oil has plunged.
Weekly Roundup: From Santa’s Salary to Holiday Spending
This week’s economic news summary includes Apple’s corporate taxes, Santa’s GDP connection, seasonal spending, the gender gap and the brain and shopping.
Why Santa Was On a Two Dollar Bill
Starting with Santa currency, states saying Christmas is an official holiday, and Christmas trees, in the 19th century holiday spending on Christmas grew.
What We Know About Santa’s Salary
Although BLS data indicates what Santa’s salary could be, because it is unpaid work and comes from the North Pole, it is excluded from the GDP.
How Fast Fashion Affects Our Brain
Through the pleasure and pain that fast fashion shopping creates in our brains, we can see why the business model is good for monopolistic competition.
