To become more accessible and accurate, a new kilogram has been developed that that is based on ideas rather than an object.…
An Amazon Market in South America
Everywhere we read about Amazon markets. But today, it’s the real thing. Where are we going? To what you can buy in the Amazon Basin. From Jungle to Table Our story starts in an upscale restaura…
Deciding If Walmart Can Do Eye Exams in Oklahoma
In Oklahoma, voters will soon decide if eye care regulation should let retailers like Walmart and Costco give you eye exams and sell you eye glasses.…
A Russian Wheat Story With an Unexpected Ending
The story of a contemporary Russian wheat farmer is rather surprising when we look back at how the Russia economy has changed during the past 120 years.…
Why Wedding Tickets Should (or Should Not) Be For Sale
By identifying the moral limits of markets, we can decide what should and should not be sold…like wedding tickets and high grades.…
Why We Need Speedy Connections
Looking back at the impact of the telegraph on cotton markets, you can see why a speedy internet affects supply and demand.…
How Traffic Lights Relate to Adam Smith
When no traffic lights on the island of Nantucket has created good will among strangers, it also might show the limits of Adam Smith’s laissez-faire.…
The Impact of a Bee Sting on Your Big Mac
The market’s message from bee pollination prices has minimized the impact of colony collapse disorder (CCD) on our Big Mac.…
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.…
All You Need to Know About Doughnuts
Knowing that last Friday was National Doughnut Day, we can thank the inventor that made doughnut mass production possible.…