Demand, Supply, and Markets

June 8, 2018

Who Will Care About the Starbucks Price Hike?

When coffee drinkers hear that some prices at Starbucks will rise, their response will depend how how elastic their demand is.

May 17, 2018

How Taylor Swift Solved Her Ticket Problem

Through her new concert tour, "Reputation," Taylor Swift may have figured out how to prevent scalpers from reducing ticket availability and getting too much of her revenue.

May 16, 2018

What You Never Expected To Hear About a Traffic Jam

Since billions have been proposed for infrastructure spending, we should consider some surprising suggestions from researchers on traffic congestion.
April 12, 2018

Why We Will Miss the Candy We Never Loved

Told that their least favorite candy might no longer exist, people are panic buying NECCO wafers and Sweethearts because the New England Confectionary Company could shut down.

April 11, 2018

Does Rent Control Really Control Rent?

When cities like San Francisco pass rent control legislation to create affordable housing, they could wind up with unintended consequences.

April 9, 2018

The 5 Stars That People Get (And Don’t Deserve)

There are some good reasons that most of us are contributing to a reputation inflation that diminishes the meaning of an Uber driver rating score.

April 5, 2018

Why U.S. Winemakers Can’t Fight the Trade War That the President Uncorked

While facts about China's wine imports from the U.S. are somewhat surprising, still the impact of a tariff war is predictable.