After hiking the Appalachian Trail in record time, ultra-marathon runner Scott Jurek was cheered by friends, family and a film crew. At the top of Maine’s Mount Katahdin, they popped open a bottle of Champagne and celebrated his 46 day 8 hour 7 minute run.…
Why Happy Cows Make Farmers Sad
Combine thriving world markets and more productive cows and you get farmers who unintentionally create a milk glut when they increase supply.
When a Score is Not About a Game
Told that the House had not waited for CBO scoring results before passing a version of the American Health Care Act, we can ask what they were missing.
A Happy (and sad) Razor and Blade Story
Producers of police body cameras can use a razor and blade strategy to spike their revenue for data storage and management.
Why There is No Such Thing as Free Parking
Even in North Dakota where there is a ban on parking meters along town and city streets, there is no such thing as free parking.
A Big Problem That Needs a Little Nudge
Whether increasing tax compliance or discouraging public urination, behavioral economics can encourage socially desirable behavior with the right nudges.
New Insight on the Gender Pay Gap
For some surprising reasons that contribute to the gender wage gap, there are relatively few women who are top earners in the U.S.
Where Home and Work Should Intersect
While working at home has become the focus of a new French law, the bigger issue could be how much new technology enables the firm to monitor our lives.
Street Grid Economics
More than we realize, our economic behavior in a city is shaped by the urban planning that created the shape, the length and the width of the streets.
Why It’s Tough to Demonetize Cash
A surprise announcement on 11/8/16, demonetizing India’s 500- and 1000-rupee notes meant most of the money in the country had to be swapped for new notes.