The unlimited pasta that Olive Garden’s Never Ending Pasta Pass winners consume reflects a massive change in marginal utility.
An economist can explain the surprising reason that we eagerly anticipate the yearly launch of Pumpkin Spice Latte from Dunkin’ and Starbucks.
With meat demand going up and leather demand going down, the cowhide industry has a devastating supply and a demand problem.
To understand why avocado prices are soaring, we start with California and Mexico and then end up with Chipotle and the Chinese Middle class.
Sold twice at auctions, the two prices of the Apollo 11 videotapes were astronomically different because of changes in demand and supply.
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.
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.
While healthcare price transparency sounds like a logical way to constrain soaring healthcare costs, the results were not quite what we expected.
Although fast-food consumption has been connected to income, recent research indicates the correlation is not what we expect.