Connecting economics, current events and history, our Weekly Economic News Roundup includes how old brands compete and the unresolvable minimum wage debate.
Deciding What is Real Money
While intuitively, we know the characteristics of money, when we receive a bent coin or a half of a dollar bill, we might wonder if we can spend it.
Throwback Thursday: Looking for a Tasty Tomato
#TBT: Today we look back to when small and sweet tomatoes became large, sturdy and bland. How the Tomato Lost Its Taste Our story begins close to 90 years ago. Although we are not sure where, we do know that…
The Hollywood Gender Gap
Excluding Rey from its newest Star Wars Monopoly game, Hasbro added to a Hollywood gender gap described in a new study from USC Annenberg.
Why the Greek Yogurt Invasion Was More Than Yoplait’s War
The story of Yoplait’s unsuccessful battle against a Greek Yogurt invasion is really about a war that old food brands are fighting.
How to Upset the Minimum Wage Debate
Economists on one side of the minimum wage debate just got some extra ammunition from the results of a University of Washington study.
How to Get Team Chemistry
Trying to figure out the reason for success in Major League Baseball could take us beyond individual talent to understanding the sources of team chemistry.
Weekly Economic News Roundup: From Lady Gaga to IKEA
Weekly News Roundup Sunday 07.09.17 How red influences our financial decisions… Monday 07.10.17 What it’s nice to know about the G20… Tuesday 07.11.17 The human capital that the Saudis underutiize… Wednesday 07.12.17…
Why the IKEA Effect is About Much More Than Furniture
Rippling far beyond furniture assembly, the IKEA Effect can determine how we value what we construct and cook at home, and design at work.
Throwback Thursday: Looking Back at the Tiffany Brand
Shifting from Audrey Hepburn elegance to Lady Gaga, the Tiffany brand has a new face to market its luxury image and its Veblen goods.