Although the Supreme Court has answers about the intellectual property rights to an original image of Prince, still we debate its ownership.
What We Can Learn From a Banana
We could use the banana as a benchmark for our carbon impact. While The Economist showed us how, it’s really all about opportunity cost. Banana Emissions Benchmarks let us judge another good or service by comparing the two. Investment advisors…
How Serial Returners Create Unintended Consequences
Responding to the incentives created by online retailers, serial returners create a cost for themselves and suppliers.
What Economists Say About Crocs
We can use the economics of Crocs to understand why so many of us are willing and able to purchase an aesthetically questionable shoe.
How Fast Fashion Responded to the Rana Plaza Collapse
When the Rana Plaza collapsed on April 24, 2013, more than 1,100 workers were killed and 2,500 were injured. Yes, the world was horrified. More precisely though, in a recent paper, two scholars asked how demand and supply responded. The…
How Much Does Happiness Matter?
Trying to choose among the best places to live, we wind up with disparate global rankings, depending on the criteria.
What We Need to Know About Driverless Vehicles
Experimenting with autonomous vehicles, we should be sure to recognize that there could be a massive downside.
When an African Pipeline Is About Much More Than Oil
Like many fossil fuel projects, a new East African pipeline is controversial because of the tradeoffs it would create.
How Much Less We Work
With 60 million extra hours of non-commuting time, we had the opportunity to make revolutionary work leisure tradeloffs.
What We Can Learn From Spain’s Ice Shortage
Spain’s ice shortage reminds us that close to 200 years ago, after we learned that drinks could be chilled, it became a necessity.