Looking at Cape Town, South Africa and 12 U.S. cities we can see why the basic water tradeoff involves a choice between conservation and affordability.
To its detriment, the U.S. might have insufficiently recognized the impact of China’s economic complexity in the U.S. China trade deal.
From George Washington to Abraham Lincoln and Franklin Roosevelt to George H.W. Bush, U.S. presidents have influenced Thanksgiving economics.
Sold twice at auctions, the two prices of the Apollo 11 videotapes were astronomically different because of changes in demand and supply.
In NYC and in Nantucket, Massachusetts, drivers respond to different incentives because Manhattan has traffic lights while Nantucket does not.
Like all activities that relate to supply and demand, ransom markets involve predictable behavior from kidnappers, their victims, and negotiators.
When Massachusetts voters said yes to legal marijuana, they made an economic decision that relates to competition, taxes, and banking.
By looking at one hundred years of consumer spending history, we can see how our food, housing, and clothing reflected our growing affluence.