President Biden just said “No” to a road. More than some gravel connecting two places, this Alaskan road represented a much bigger dilemma. Development or Conservation Alaska had asked the Biden Interior Department for permission to build a road to…
When Free Football Has a Cost
Experimenting with free football by not charging for tickets, a French and a German team changed the cost of a game.
The (Economic) Invasion of the Fire Ant
The economic side of Australia’s fire ant invasion includes accepting the massive eradication opportunity cost.
What Would You Pay To Save An Hour?
The value of time becomes very real when we decide how much money we are willing to spend to use less of it.
Why There’s No Such Thing As a Free Ad
Considering the cost of ad-free streaming video, we are nudged in opposite directions by incentives that relate to behavioral economics.
Why Sports Stadiums Create Dilemmas
Like all sports projects, renovating Arthur Ashe Stadium requires choosing between most fans and the minority that brings the most revenue.
How Cost Can Change Climate Policy
With COP28 having begun, we can ask if the delegates are comparing marginal decisions about the cost of climate policy to its benefits.
The Economic Side of a Sandwich
Whether it’s breakfast or lunch, a look at sandwich economics tells us about our food tradeoffs and our GDP spending.
Where Equal Pay Cost £1.1bn
Whether looking at a city, a firm, or a sports team, we would see that equal pay outlays always have an oppoturnity cost.
Why An Arraignment Requires Line Sitters
Requiring more than 24 hours of standing in line, the recent Trump arraignments in Manhattan and Miami boosted line sitting demand.