Frequently more accurate than individuals, markets can determine prices and even tell us what will happen at a royal wedding.
Through her new concert tour, “Reputation,” Taylor Swift may have figured out how to prevent scalpers from reducing ticket availability and getting too much of her revenue.
The Index of Economic Freedom is a handy source of data for judging whether or not a government has a laissez-faire philosophy.
Whether it’s the paper in your copier machine or the goods and services in a market economy, flows and jams can be rather similar.
Most of our Valentine’s roses come from Colombia because of the U.S. government, the perfect combination of land, labor and capital, and Walmart.
When small landlords set their own NYC rents, they are nudged toward equilibrium by the power of the supply and demand sides of the market.
The issues are surprisingly similar for a tiny island like Nantucket and a huge state like California. Both are figuring out how to create the marijuana markets that they legalized. Legalizing Recreational Marijuana Last November, Massachusetts and California voted to…