With shopping malls closing, we can look back at why they first began and why their design was a revolutionary innovation.
Getting Order From Wild Blueberries
Although no one tells Maine’s wild blueberry growers how much to plant, blueberry markets signal when to cut back and when to plant more.
An Elasticity Story: Stretching to Buy Hamilton Tickets
To understand the high prices supported by Hamilton ticket demand, we can look at the elasticity from four groups of theater goers.
A Tale of a New Shopper and an Old Brand
The retail unemployment caused by the decline of J. Crew and other beloved mall stores relates to a structural change in their industry.
The Difference Between a Sunny and Stormy Business Climate
The World Bank’s Doing Business Index ranks 190 economies to show where the business climate is sunny or stormy because of regulatory policy.
Weekly Economic News Roundup: From Ice Cream Scoops to Traffic Jams
Linking economics, current events and history, our weekly economic news roundup includes a good banking law, Japan’s population problems, and sleep insight.
Solving a National Parks Problem
After hiking the Appalachian Trail in record time, ultra-marathon runner Scott Jurek was cheered by friends, family and a film crew. At the top of Maine’s Mount Katahdin, they popped open a bottle of Champagne and celebrated his 46 day 8 hour 7 minute run.…
Throwback Thursday: The Best Banking Regulation
Today’s #TBT will look back at the Glass-Steagall Act of 1933. But first… Financial Trust The Chicago Booth/Kellogg School Financial Trust Index is a trust yardstick. Answered by approximately one thousand participants, the Index survey touches topics that range from…
Why It’s Tough to Solve Traffic Congestion
While the traffic congestion problem in NYC, LA and D.C. wastes huge time and money, they do not appear to want to solve it.
The Exciting Side of Vanilla Economics
If your ice cream cone costs more this summer, just think of supply and demand and Madagascar’s soaring vanilla bean prices.