Soon, the credit card signature will be extinct and so too will another transaction “cost” that made spending money a little more difficult.
Financial Markets
How Stock Markets Create Peace
Looking at voting preferences, researchers uncovered a surprising change in attitudes about Israeli/Palestinian conflict resolution from new investors.
Cupcakes and Other Notable Bubbles
Whether looking at 1637 or 2000, markets and financial bubbles always seem to find each other. As a surge in demand pushes prices up, the result resembles a bubble because it is full of air rather than value.
A Lot For a Latte?
We can get the most latte for our loot in Cairo. At the equivalent of $1.53, a Cairo tall latte is close to one-half the $3.45 price of one in the U.S. On the other hand, a tall latte in Zurich…
The Shocking Amount of Electricity That Bitcoin Consumes
Although it is a virtual currency, Bitcoin’s huge electricity consumption is very real when we consider the land, labor, and capital its computers require.
The Surprising Significance of Ping Pong
Perhaps correlated with ping pong table sales, the venture capital that goes to technology startups is concentrated in the San Francisco Bay Area and the Boston/NY/Washington D.C. corridor.
Hollywood’s Unusually Large Gender Pay Gap
Hollywood’s gender pay gap displayed by Michelle Williams and Mark Wahlberg is caused by so much more than one woman’s failure to negotiate.
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.
The Surprising Lessons From Economic Crises
For all economic crises, some economists tell us, “This time it’s different,” while others disagree with their new solutions.
There’s No Such Thing As A Free Reward
Although there is no such thing as a free reward, consumers rarely consider the rewards programs costs that they wind up paying.