Economic Ideas

March 26, 2018

Why the Retail Apocalypse Could Be a Renaissance

Even with mall traffic declining and stores closing, retail restructuring might lead to a renaissance fueled by creative destruction rather than an apocalypse.

March 25, 2018

The Surprises That Occupational Licenses Create

Illustrated by a tooth whitening case at the U.S. Supreme Court and new research from Northwestern, the spread of occupational licensing could need further evaluation.

March 22, 2018

What You Probably Don’t Know About Almonds

Whether looking at bees or tree shakers or water, we can see a lot of surprising activity through the supply and demand sides of almond markets.

March 20, 2018

The Return of the Disappearing Avocado

If avocado has returned to your favorite veggie wrap, you can ask your economist to explain avocado prices with supply and demand.

March 19, 2018

A 2018 Update: The World’s Top and Bottom Laissez-Faire Countries

The Index of Economic Freedom is a handy source of data for judging whether or not a government has a laissez-faire philosophy.