Futher confirming that economics is everyday life, behavioral economists have explained why we buy tickets when we won’t be lottery winners.
At this year’s American Cornhole World Championship, the cheating accusations could have the same impact as economic corruption claims.
About much more than music, the past history of vinyl records is about creative destruction while the present relates to a GDP headache.
The incentives created by fall farm festival prices shape the money that families spend when they visit a farm on a beautiful autumn day.
As we experience the pain of stock market losses, making it even worse, behavioral economists tell us we will sell at the wrong time.
The building in our featured image is affectionately called the Coffee Pot. Commemorating Namibia’s independence from South Africa, the structure was neither designed nor built by a Namibian. Let’s see why. North Korean Monuments Created by North Korea, the Coffee…
Although the number of gigayachts is multiplying, they represent the inconspicuous consumption that makes more wealth less obvious.
Called laissez-faire, Adam Smith’s prescription for less government in the economy relates to an island with no traffic lights.
Alexander Hamilton gave us the economic independence that we also should have celebrated yesterday on July 4th.