Whether looking at its newfound height, the traffic jams, or the role of Nepal, Mount Everest always takes us to the margin.
The problem of airline seat size getting smaller and people getting larger is difficult to solve because comfort and revenue tend to conflict.
Called a prescription escalator, our prescription drug spending is more about efficacy and age than the rising prices that we say we see.
The unlimited pasta that Olive Garden’s Never Ending Pasta Pass winners consume reflects a massive change in marginal utility.
When Chuck E. Cheese changed the kinds of payment cards that kids and their parents used for games and food, they created new spending incentives.
Approaching Day Zero, the people in Cape Town South Africa were conserving water by singing two minute shower songs and using 50 liters (13 gallons) a day.
An economist might say that the optimal number of traffic fatalities depends on the cost of preventing them. Sweden disagrees. Compared to most other countries, Sweden’s road safety is tops: In the European Union, Sweden and Norway have the low…
With many of us rarely going to a theater, we can see why movie attendance is down and the chance for industry disruption is up.
Seeing that LeBron James has a four-year $154 million deal, we can ask what makes superstar salaries for athletes so high.