Macroeconomics

January 16, 2018

Why the U.K. Wants a Latte Levy

Because the polyethylene in coffee cups prevents proper recycling, the British parliament is considering a latte levy to solve the problem.

January 2, 2018

The Easiest Way to Keep a New Year’s Resolution

Combining our "wants"and "shoulds" into temptation bundling, we wind up with a commitment device that helps us keep our New Year's resolutions.

December 31, 2017

A Banana, a Billionaire, and a Tesla Tax Follow-Up

Our banana, $450 million painting, and Tesla tax stories were just so interesting that they deserved fascinating follow-ups.

December 21, 2017

Why We Give The Wrong Gifts

When we receive presents that disappoint us, gift giving creates deadweight loss that diminishes the economic boost from holiday spending.

December 18, 2017

Why China Wants To Be Called a Market Economy

A year ago, China filed a formal complaint with the World Trade Organization (WTO). Targeting the European Union and the United States, China’s goal was to […]