Remembering Hurricane Katrina and the decisions one isolated medical staff had to make for patients, a group in Maryland has recommended triage tradeoffs.
How Phish-Tarping is a Tragedy (of the Commons)
While we know that overused resources can include the ocean, the air, and a pasture, we also should include beaches and seats.
An Economics Lesson From an Ant
Not only providing a lesson that relates to building nest tunnels, ant economics can also teach us about diminishing returns to scale.
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.
Why We Suffer From FOMO
With social media telling us everything our friends are doing and much more, many of us experience FOMO (Fear Of Missing Out).
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.