More than a U.S., airplane, the Boeing 737 MAX is made from components that come from the 600 companies in its global supply chain.
How Hershey Kisses and COPEC Are Like Oil and OPEC
Hershey kisses and COPEC might be like petroleum and OPEC if the Ivory Coast and Ghana are able to elevate cocoa bean prices.
Why Taylor Swift Likes Slow Ticketing
Wondering why concert ticket prices have gone up during the past decade, we can look at Taylor Swift’s 2018 Reputation tour.
The Problem With Finding the Right Size
The massive volume of online clothing returns.takes us to the value of standardized dress sizes and the transactions costs of free shipping.
How a (Resource) Curse Created a Chicken Shortage
Shown by Nigeria’s chicken shortage, a country’s oil wealth can become a resource curse when it prevents an economy from diversifying.
The Mystery of the Cheap Turkey
Lower turkey prices just before Thanksgiving are an economic mystery because a spike in demand is supposed to make products more expensive.
Why Romaine Lettuce is Like a 737 Max
In 1998, a batch of pencils had to be recalled. Destined for grade school classes, the pencils said “Too Cool To Do Drugs.” Problems developed when the kids sharpened the pencils and instead they said “Cool To Do Drugs.” When…
How a Common Application Affected College Admissions
At highly selective schools, 2019 college admission rates were pretty low: Harvard: 4.5% Yale: 5.91% Stanford: 4.3% in 2018 (They are no longer releasing the number.) But we are looking at a tiny proportion of the higher education population. At…
The Meal That Florida Wants Us To Eat
If you skipped breakfast this morning, then you might be contributing to Florida’s worries about orange juice consumption.