Economic Ideas

August 25, 2017

Why Competitive Eating is About Much More Than Food

When Joey Chestnut guzzles 72 Nathan's hot dogs in 10 minutes, his competitive eating takes us to much more than food and entertainment.

August 22, 2017

When the Power of the Market Affects Commodity Prices

The results of the bet between biologist Paul Ehrlich and economist Julian Simon showed how the power of the market affects commodity prices.

August 18, 2017

Looking at a Global Supply Chain With a Smile (Curve)

A smile curve is a handy way to see that the global supply chain for technology is much more complicated than a Made-in-China label.