Although the BLS reports the CPI (Consumer Price Index) inflation rate each month, our own household could see different price changes.
A New Way to Look At Air Rage
Boarding JetBlue recently, a gracious gentleman offered to let me move in front of him. Embarrassed, I refused and explained that my boarding group was “D.” And he was a “B.” When I fly on jetBlue to visit my daughter…
The Inconspicuous Consumption That Shouts Your Wealth
The average American has access to the types of consumer goods that only the wealthy used to buy. We can purchase a pricey iPhone or watch Netflix on a massive home TV screen. We eat steak, enjoy ahi tuna, and…
When You Don’t Want To Know Your Neighbor’s Income
Looking at Norway, a large bank, and the University of California, we see that transparency can make us care more about income inequality.
Where a Sugary Drink Tax Won’t Work
Looking at the Philadelphia sugary drinks tax, we would find it did not accomplish many of its goals in three major categories.
What You Might Not Know About Cardboard Boxes
Easy to ignore, the quantity of cardboard boxes that we demand has soared because of the incentives created by Amazon Prime.
What We Should Know About Gen Z
Just 7 to 22 years old, Generation Z has begun to exhibit characteristics that differentiate them from previous generations.
When Ketchup and Parking Are Similar
Whether we are buying Heinz ketchup from a supermarket or a coupon from a Manhattan parking garage, money and time will shape our shopping behavior.
The Value of the Brands We Love the Most
Adding to the value of a good or a service, firms in the top 15 global brands like Apple and Amazon have our loyalty by distinguishing what they produce.
When Gasoline is Like Spotify
We used to buy what we needed. Now we subscribe. If you live in Chicago, you can sign up for a weekly gasoline delivery subscription. For $16 a month plus the price of the gas, Yoshi will fill up your…