The Significance of a Cat Census

While the mission of the DC Cat Count is humane treatment of cats, it is also a cat census that provides a basic economic lesson.

The Secret Reason We Want Our Thin Mints

Totally ignoring their taste, an economist would have a surprising reason that explains why we love our Girl Scout Cookies.

Why Healthcare Spending Might Be Less Than We Think

When we look at the cost effectiveness of healthcare spending, we could conclude that it is not as excessive as the headlines indicate.

A New Way to Look At Air Rage

Boarding JetBlue recently, a gracious gentleman offered to let me move in front of him. Embarrassed, I refused and explained that my boarding group was “D.” And he was a “B.” When I fly on jetBlue to visit my daughter…

Where Meat Is Never a Free Lunch

Cow burps were supposed to be the problem. As a substantial source of methane, cattle (and other ruminants) naturally boosted the planet’s greenhouse gas emissions (GHG). From there, the story suggests Meatless Mondays. By eating less meat, we can save…

When Cash Is Not the Best Thank You

By avoiding repugnant transactions like selling foie gras or human organs, we are eliminating the benefits of the market.

When Ketchup and Parking Are Similar

Whether we are buying Heinz ketchup from a supermarket or a coupon from a Manhattan parking garage, money and time will shape our shopping behavior.

The Best (and Worst) Ways to Board an Airplane

Although boarding planes faster is a goal for the major airlines, they have had limited success because of the tradeoffs they are unwilling to make.

The Two Sides of a Pilot’s Decisions

Involving safety, airline pilots’ decisions during takeoff, flight, and landing reflect cost and benefit tradeoffs that their passengers rarely recognize.

Six Facts to Know About Venezuela’s Hyperinflation

Through six simple facts, we can better understand the meaning of Venezuela’s hyperinflation and how much it has diminished production.