What Restaurants Really Sell Us

While many of us think that restaurants sell us food, economists point out that they are actually renting space to diners for several hours.

The Spread of the Avocado

Avocado Hand, a malady related to guacamole preparation, will increase because of Super Bowl LIV and USMCA avocado consumption.

The Spillover Created By a New Coffee Cup Lid

Creating considerable negative spillover, the Solo Traveler coffee (and tea) cup lid could be replaced by a vastly better design.

How Hershey Kisses and COPEC Are Like Oil and OPEC

Hershey kisses and COPEC might be like petroleum and OPEC if the Ivory Coast and Ghana are able to elevate cocoa bean prices.

The People Who Loved Watermelon Flavored Oreos

Because more demand for new products could be a warning sign, retailers need to take a close look at who wants what they’ve just launched.

What Presidents Added to Thanksgiving Economics

From George Washington to Abraham Lincoln and Franklin Roosevelt to George H.W. Bush, U.S. presidents have influenced Thanksgiving economics.

Why Online Grocery Shopping Is Good for Us

Comparing in-store and online grocery shopping, we see that what we experience in the supermarket and what we order from home is changing.

The Meal That Florida Wants Us To Eat

If you skipped breakfast this morning, then you might be contributing to Florida’s worries about orange juice consumption.

How Mexican Tequila is Like New Zealand Honey

Protecting honey through a trademark or an EU PDO are the goals of the makers of New Zealand’s manuka honey because others are producing similar products.

The Oyster, the Martini, and Happy Hour Economics

More than oysters and martinis, a Happy Hour at your favorite restaurant is really all about how supply and demand create more revenue.