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Our Weekly Economic News Roundup and Elon Musk's tunnel construction
Elon Musk’s Tunnel Vision

It appears that Elon Musk’s year-old Boring Company has tunnel vision. The firm has proposed a high-tech tunnel between NYC and Washington D.C. that got a verbal okay from the White House: Where…

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Ask Alexa Economic Advice on deadweight loss and gift giving
Conspicuous Consumption

Dear Alexa, The other day, my $35 knockoff Louis Vuitton bag hooked onto someone and tore right open. Rather than purchasing a better quality bag, I w…

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