Macroeconomics

June 25, 2018

Breaking the First-Digit Law and Other Number Crimes

When the digits that appear frequently in national accounting figures, spreadsheets, and earnings reports are missing, then we can say we have suspicious numbers.

June 24, 2018

Gender Equity for Saudi Women at Starbucks and Beyond

While today is the first day that Saudi women can drive legally, they still experience gender inequity at Starbucks and beyond.

June 20, 2018

The Woman Who Wants a Moon Dust Market

Unless the U.S. government lets a woman in Tennessee keep and then sell her moon dust, it will remain a "priceless" national treasure with unknown value.

June 18, 2018

How Starbucks Coffee Bean Husks Are Like Perdue Chicken Paws

When previously worthless byproducts like coffee bean husks, chicken paws, and hog snouts became popular, we increased our economic efficiency.

June 15, 2018

A Trade Story With a Happy Ending

Looking at airplane manufacturing through Bombardier's new billion dollar order from Delta, we can see why a multinational supply chain can lower tariffs.

June 13, 2018

The Mystery of the North Korean Economy

Looking at the North Korean economy, economists have to become detectives because the government refuses to share basic statistics.

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.

June 5, 2018

Why We Should Apologize to the IRS

Including more people saying, "Where's my refund?" the number of IRS problems has been increasing while its budget has been shrinking.