Demand, Supply, and Markets

July 15, 2015

Taylor Swift Gives Apple a Little Taste of Capitalism

By asking Apple to pay her and other artists when customers get their music for free displays Taylor Swift's understanding of the basics of capitalism.

June 14, 2015

The Cost of the Squeegee Men

Through a cost and benefit approach to crime control, the limited money available for municipal spending can be spent most efficiently.

June 5, 2015

A Poaching Problem that Regulation Hasn’t Solved

The market solutions and regulatory approaches used to solve the problem of elephant poaching have not worked for wildlife conservation in Africa.

May 21, 2015

What Bread Says About Women

Through the industrialization of just one slice of bread, we can see the history of the U.S. economy since the beginning of the 20th century.

May 7, 2015

Love, Marriage and Inequality

As female labor force participation increased since the 1970s, so too has the income inequality that resulted from assortative mating of higher earners.

May 3, 2015

Self-Signaling by Standing in Line

Whether you stand in long lines to self-signal or you hire someone to do the wait for you, your decision reflects tradeoffs that relate to time.

April 22, 2015

Four Ways to Understand Greek Debt

An historical perspective and a look at what is owed, to whom and when provides insight about the culture and complexities of Greek sovereign debt.

February 26, 2015

Tradeoffs and Marriage: Like a Horse and Carriage

As the pill, education and employment opportunities changed the value of women as wives, the tradeoffs that relate to being married have also changed.

February 17, 2015

How Much Do Average People Agree With Economists?

Average Americans disagree with the economic consensus for many issues according to surveys from the University of Chicago Booth School.

January 27, 2015

The Reason It Can Be Tough to Cross the Street

Called the American Dream, the income mobility that lifts a child beyond a parent's poverty can depend on a community's characteristics.

January 21, 2015

Can Economists See the Hot Hand?

With implications that extend beyond sports, believers in classical economics and in behavioral economics are debating whether players can have streaks.