Economic Ideas

August 24, 2018

When a Tax Rate Is Not as Simple as It Sounds

Referring to “The Son of Man,” Belgian surrealist artist René Magritte said, “Everything we see hides another thing.” Instead, Magritte could have been describing corporate taxes. The […]

August 23, 2018

Why It’s Not Easy to Design a New Animals Crackers Box

When Nabisco realized that it was time to change their Animals Crackers box, they had to recognize new sentiment while retaining an old brand.

August 21, 2018

Why It’s Tough to Catch Venezuela’s Runaway Hyperinflation

Calming the everyday monetary chaos created by Venezuela's hyperinflation is about much more than lopping zeros off its currency.

August 17, 2018

Why Urban Farmers Plant Their Crops in Garages

Using old containers from cargo ships, commercial urban farmers are growing hydroponic mini-lettuces and even strawberries in warehouses and garages.

August 16, 2018

Why Driving is Safer in Sweden

An economist might say that the optimal number of traffic fatalities depends on the cost of preventing them. Sweden disagrees. Compared to most other countries, Sweden’s […]