Using old containers from cargo ships, commercial urban farmers are growing hydroponic mini-lettuces and even strawberries in warehouses and garages.…
Business
Formally called the theory of the firm, the business category focuses on ownership, production and competition. Our goal is to understand business behavior. For ownership, topics include the corporation and sole proprietorships. For production, the focus involves maximizing profits. With competition, topics relate to a continuum that spans the 4 basic market structures: perfect competition, monopolistic competition, oligopoly and monopoly.
Upsetting Uber’s Economics
Legislation from the New York City Council will upset Uber economics when it limits the number of new ride-hailing vehicle licenses.…
Why We Want a Starbucks Pumpkin Spice Latte
The reason that we cannot resist limited edition drinks like a Starbucks Pumpkin Spice Latte is diminishing marginal utility.…
(Almost) All You Need To Know About Quotas
From sleeveless jackets to begging brides and young sports teams with no uniforms, the complexities of quotas can produce a slew of unpredictable results.…
Why We Have Fewer Female CEOs
With Indra Nooyi leaving PepsiCo, we have even fewer female CEOs of major corporations who can change expectations about male leadership.…
What We Do and Don’t Know About Immigration
Looking at immigration facts, you would find a vast difference between what many people believe and accurate information.…
What to Expect from an Older Entrepreneur
hy Highly Successful Entrepreneurs Are Older Than We Expect…
Deciding Where the iPhone X Is Most Expensive
Looking around the world, you might discover that iPhone X prices aren’t the best indicator of where it is most expensive.…
What You Don’t See When You Watch a Baseball Game
Those vendors that sell us hot dogs, peanuts, and Coke at a ball game are thinking about a lot more than the food and the score.…
Awakening the Mattress Industry
Disrupting traditionally sleepy mattress markets, now we can buy beds-in-a-box online and visit countless mattress stores at local malls.…