The Huge Impact of a Rather Irritating Invention

While the cost of free parking in New York City is rather huge, it can be offset by what was a seemingly insignificant and irritating innovation.

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.

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.

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.

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.

The Real Reason a Springsteen Ticket is Pricey

Observing all the laws of supply and demand, Broadway ticket revenue is hitting new highs because of scarce theater space and three blockbuster hits,

The Downside of a Minimum Wage Increase

While it is easy for us to see when the minimum wage goes up, the impact on low wage workers’ non-wage compensation is much less evident.

Explaining Why We’ll Have New Hotel Shampoo Bottles

Describing why we’ll have new hotel shampoo bottles, Marriott, a hotel guest, and an economist would have different explanations.

Why It’s Tough To Be a BFC (Bike-Friendly City)

Looking at the world’s most bike-friendly cities, you can see why only one city in the U.S. was among the top twenty in 2015 and none were there in 2017.

The Waze Wars That Locals Were Losing

With more drivers using Waze and other traffic apps to avoid rush hour delays, local neighborhoods have begun to resist the disruption.