How High Can a Taxi Fare Go?

Tough to get in rain, ice or snow, NYC cabs never seem to be around when I need them. That is what makes Uber such a great story. First used in San Francisco, the idea behind Uber was to make more rid…

Church Bell Economics

Irritated that church bells had been awakening them before 7 a.m., in 1879 a group of New Yorkers complained to the city Board of Health. They said the chimes violated Section 177 of the Sanitary Code…

A Nutty Demand and Supply Story

Our almond story starts on the demand side in China with a name change. Just like apricot kernals, California almonds had been called xing ren until the apricot kernel growers accused the Americans of…

One Reason To Drink Coffee in China

How can you show your friends (in China) that you have ascended to your country’s middle class? Starbucks. First, some background… A 2010 BusinessWeek article on the world’s most caf…

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