The Index of Economic Freedom is a handy source of data for judging whether or not a government has a laissez-faire philosophy.
How a Paper Jam is Like a Recession
Whether it’s the paper in your copier machine or the goods and services in a market economy, flows and jams can be rather similar.
The Economy Where Black is Banned
Like Turkmenistan and Zimbabwe, wherever property rights are unpredictable, we can assume that we have a command economy.
What The Last Supper Says About Food Portions
Looking at entrée, bread and plate sizes in versions of the Last Supper during the past millennium gives us some clues about portion size history.
Selecting the Right Rent
When small landlords set their own NYC rents, they are nudged toward equilibrium by the power of the supply and demand sides of the market.
Imagining a Marijuana Starbucks
With eight states having legalized recreational marijuana, new businesses are multiplying. One ad person even asked if there could be “a Starbucks equivalent in the world of weed.” So today, let’s see the possibilities. A Starbucks Equivalent Surface Magazine shared five…
Why China Wants To Be Called a Market Economy
A year ago, China filed a formal complaint with the World Trade Organization (WTO). Targeting the European Union and the United States, China’s goal was to have its economy called a market. The case is huge. Its results could transform…
The Travels of a Cashew
We seem to be going nuts for cashews. You can see below that the U.S. and India are eating the most. We like our nuts as a snack, in protein bars and as cashew milk. In India, a growing middle…
Lessons From the App Economy
Tracing the history of the app economy from the surprising first million dollar app to today, we would see how similar it is to a simple pencil.
Throwback Thursday: Remembering Plane Comfort
For Throwback Thursday (#TBT) we can fondly look back to comfortable economy class travel before less pitch and width created shrinking airline seats.