Economic Ideas

October 12, 2018

The Scandal at the Master Sommelier School

Sort of like the licensing exams required by government for certain professions, the wine industry also determines the credentials of its master sommeliers.

October 9, 2018

The Facts You Never Knew About the Nobel Economics Prize

First awarded more than 70 years after the original Nobel Prizes began, the Nobel Economics Prize is worth some unexpected extras.

October 1, 2018

The Reasons That Airlines Boost Fees Rather than Fares

When the rising price of fuel boosts airlines' costs, they can buoy their bottom line by increasing optional and barely noticeable fees or raising fares.