Presidential Futures

The prices of buy and sell contracts for the Republican presidential candidates in Iowa provide a good history of the beginning of the primary race. Romney contracts (max of $1) on the first and last …

The Good Life…For Cows

I suspect that the life of a cow producing organic milk got better last June. For their owners, though, business surely became more complicated. According to a new USDA rule, any milk labeled organic …

Domestic Work

What do drip dry clothing, take-out food, dog walkers, dishwashers, dry cleaners, and dusty ceilings have in common? A servant shortage. Currently, Brazil has less household help because of economic g…

Organ Markets

When a San Francisco court said that certain bone marrow donors could be paid, they did not have to focus on medicine. Instead, the 3 judge panel could have discussed the market. The court said it was…

The Rent-A-Ship Market

Knowing the price to rent a Handysize can come in handy if you want to measure economic activity. A Handysize is a small cargo ship. The very biggest vessels, called Capes because of the routes they h…

Happy Pecan Farmers

With soaring demand from China and less supply in the U.S., you have some very happy pecan farmers. However, they have one big problem. Theft. Armed with ladders, pecan snatchers are shaking the trees…

Presidential Wagers

 Looking at the University of Iowa GOP Iowa Caucus Market, you could create these headlines: “Gingrich gains.” “Cain crashes.” Perry plummets. Romney remains. With quotes …

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