Economic Ideas

June 28, 2018

The Missing Female Film Critics

The skewed race and gender of the film critics that review our top grossing movies might not express what a more diverse group would say.

June 26, 2018

How the EU and the U.S. Fought a Banana Trade War

With tariffs and quotas the weapons, the 1990s banana trade war between the European Union and the U.S. was a classic except for one key difference.

June 25, 2018

Breaking the First-Digit Law and Other Number Crimes

When the digits that appear frequently in national accounting figures, spreadsheets, and earnings reports are missing, then we can say we have suspicious numbers.

June 20, 2018

The Woman Who Wants a Moon Dust Market

Unless the U.S. government lets a woman in Tennessee keep and then sell her moon dust, it will remain a "priceless" national treasure with unknown value.

June 18, 2018

How Starbucks Coffee Bean Husks Are Like Perdue Chicken Paws

When previously worthless byproducts like coffee bean husks, chicken paws, and hog snouts became popular, we increased our economic efficiency.

June 17, 2018

Why We Needed to Retake the Marshmallow Test

After doing their own version of the marshmallow test, researchers from NYU and UC Irvine told us to look at the value of delayed gratification somewhat differently.

June 15, 2018

A Trade Story With a Happy Ending

Looking at airplane manufacturing through Bombardier's new billion dollar order from Delta, we can see why a multinational supply chain can lower tariffs.

June 13, 2018

The Mystery of the North Korean Economy

Looking at the North Korean economy, economists have to become detectives because the government refuses to share basic statistics.

June 12, 2018

The Top Ten Worst Reasons For Not Having Women on Corporate Boards

Looking at a list of the ten worst reasons used to explain women's absence from corporate boards, we can see why progress has been slow.