An economist can explain the surprising reason that we eagerly anticipate the yearly launch of Pumpkin Spice Latte from Dunkin’ and Starbucks.
The Downside of Vegan Leather
With meat demand going up and leather demand going down, the cowhide industry has a devastating supply and a demand problem.
Why Avocados Have Become a Luxury Item
To understand why avocado prices are soaring, we start with California and Mexico and then end up with Chipotle and the Chinese Middle class.
Astronomically Different Prices for an Apollo 11 Videotape
Sold twice at auctions, the two prices of the Apollo 11 videotapes were astronomically different because of changes in demand and supply.
Why NYC Could Have a (Small) Baby Boom in Nine Months
With the west side of NYC having just had a power outage, we can ask if there will be a boost in the birth rate in nine months because of blackout babies.
Why Taco Bell Needs More Hotel Rooms and Tortillas
If you tried to book a room at the Taco Bell pop-up hotel or ordered a burrito at one of their restaurants, you might have seen Taco Bell’s supply problems.
The Problem With Healthcare Price Shopping
While healthcare price transparency sounds like a logical way to constrain soaring healthcare costs, the results were not quite what we expected.
A Surprising Fast-Food Fact
Although fast-food consumption has been connected to income, recent research indicates the correlation is not what we expect.
How Taylor Swift Uses Temptation Bundling
Because album bundles increase our demand for a star’s recordings, they help to propel a song or album to the #1 Billboard spot.
Charging the Wrong Cars
While electric vehicle subsidies create the incentives to buy more environmentally friendly vehicles, they might be targeting the wrong people.