Law and Odor at a North Carolina Hog Farm

You have a regulatory dispute when North Carolina’s hog farmers want to use their less costly manure lagoons while neighbors, objecting to the smells, want legal limits.

The Downside of a Minimum Wage Increase

While it is easy for us to see when the minimum wage goes up, the impact on low wage workers’ non-wage compensation is much less evident.

The U.S. Army’s War Against the Vegas Golden Knights

A college and the U.S. Army are trying to prevent the Vegas Golden Knights from getting a trademark. About much more than a hockey team, the dispute involves how much we control our name. The Three Golden Knights As an…

The Behavioral Nudges That Our Trains and Planes Give Us

The best designed railway stations and airports have behavioral nudges that travelers don’t even know they are following.

How a Chinese Smartphone Could Be Made in America

When the U.S. proclaimed a seven-year ban on doing business with China’s ZTE, the stock price of Acacia Communications plunged: We could say the butterfly effect kicked in. Initially academic, the butterfly effect said that slightly changing your starting equation can…

How China Has Begun To Keep (a Social) Score

In China, by being good to your mother-in-law, you can elevate your social credit score, get a cheaper bike rental, and a better bank loan.

Why Guinea Pigs and Party Dresses Are Similar

Whether looking at guinea pigs or party dresses, you get rental markets when time and money make people avoid a purchase.

Do Mandatory Calorie Labels Matter?

Although mandatory calorie count labels have become the law of the land, their impact on firms and consumers is still unpredictable.

Why We Need Holey Cow and Other Cheesy Names

Even U.S. cheesemakers suffer when the EU (European Union) says you can’t use a label like Parmesan or feta because your cheese wasn’t made in the required place.

Does Everyone Deserve a Job?

With job guarantee proposals in the news, we can start to consider what so massive an entitlement program could involve.