The Power of the T. Rex Market

After a Tyrannosaurus rex named Sue was sold at auction for more than $8 million, the power of the market transformed supply and demand.

Weekly Roundup: From Garbage Questions to Credit Card Costs

Our economic news summary includes expectations bias and female scholars, the environmental debate about garbage and hidden credit card externalities.

The Cost of Garbage

With landfills, recycling and composting the alternatives, garbage incineration that generates electricity has become increasingly popular.

Weekly Roundup: From Fast Food Grades to Movie Reviews

Our economic news summary includes inflationary movie reviews, baggage productivity, fast food animal welfare grades, Chinese consumer spending and methane.

A Fast Food “F”

When animal welfare requires cage-free eggs and antibiotic elimination and no gestation crates, some fast food restaurants cannot accept the tradeoffs.

Weekly Roundup: From Aging in China to Smiling in Denmark

Our economic news summary includes social welfare and Denmark, crowdsourcing and contests, hitting the debt ceiling, aging concerns and expensive lobsters.

Deciding If We Should Be More Like Denmark

While Denmark has universal healthcare, family benefits and pays for college, its social welfare system requires high taxes and other sacrifices.

Government Nudge Squad Questions

A government Nudge Squad that compensates for our irrational behavior is dealing with policy makers with the same behavioral economics irrationalities.

Why Doing Good is Not Always Easy

By recognizing the tradeoffs of recycling, preserving endangered species and improving world health, doing good could become more productive.

Weekly Roundup: From Uber Drivers to Gasoline Prices

Our economic news summary includes labor regulation and Uber, the GDP and streets, gasoline price fluctuation, food and inequality and markets and syrup.