After a Tyrannosaurus rex named Sue was sold at auction for more than $8 million, the power of the market transformed supply and demand.
Why Cigarette Ads Affect the Trans-Pacific Partnership (TPP)
The free trade pact that Congress is debating, the Trans-Pacific Partnership, has an ISDS (Investor-State Dispute Settlement) clause that’s controversial.
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.
Thanksgiving Economics
While the nominal price of a Thanksgiving dinner for 10 has gone up during the past 30 years, in real inflation adjusted numbers, it is less than in 1986.
The Cost of Garbage
With landfills, recycling and composting the alternatives, garbage incineration that generates electricity has become increasingly popular.
Why Shades of Gray Might Lead to Better Research
Through his Reproducibility Project, Brian Nosek shows that scientific accuracy can be assessed through replication of results and prediction markets.
How U.S. Marriage Markets Differ
Looking at gender ratios at colleges, for college graduates and in metro areas, we find that marriage markets vary.
Why Women Don’t Get the Credit They Deserve
Expectations bias is among the top gender issues for female economists because we are predisposed to think of a male when looking at academic research.
Credit Card Winners and Losers
Because banks and other issuers of credit cards cover costs by charging retailers a fee, those sellers raise their prices to cash and credit customers.
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.
