When Chocolate Is An Elasticity Story

All about the inadequate supply of cocoa beans, the price of chocolate has shot upward while consumer price elasticity expanded.

How Housing Markets Have Downsized

Recovering after the Great Recession, housing markets expanded until they had to shrink in an unexpected way.

How to Preserve a Helium Reserve

Seeing the U.S. government create and sell a helium reserve, we can ask if government or the market should allocate crucial commodities.

The Unexpected Ending of a Rent Ceiling Story

Looking more closely at statewide rent ceilings, we will see an economic story that could have an unexpected ending.

Why a Bigger Baggage Bin Is Like a New Highway

Whether looking at airlines’ overhead baggage bins or highway construction, we see supply created incentives boosting demand.

Where and Why Farmers Are Furious

Separated by 6,582 km (4,090 miles), near Paris and New Delhi, farmer protests hope to achieve similar and yet different goals.

Why Subscriptions Might Never End

Behavioral economics can explain why forgotten subscriptions have become an increasingly typical phenomenon.

A Tale of Two Canals

Although caused by entirely different reasons, Suez and Panama Canal problems together have shifted supply curves.

Why We Won’t Want Another Meatball

Sometimes less is more when you can choose between regular Ikea’s meatballs and one that is the size of a turkey.

When To Give a Gift

During the winter holidays, considering all of our gift giving decisions, we could listen to some economic advice.