What We Can Learn From a Ketchup Packet

The Covid shortages of Heinz ketchup packets show us that less of a tomato spread is about a lot more than a condiment.

Why Trappist Beer Needs More Monks

Around for more than two centuries, the Belgian beer made in Trappist monasteries needs more monks to produce it.

The Economic Side of a License Plate

Long ago, someone figured out that we needed a license plate as an identifier. In New York State, between 1901 and 1909, drivers made their own from felt, leather, or metal. The first NYS plates had people’s initials:   Once…

Why the World Needs One Time

Last night, at 12 a.m., Daylight Saving Time (DST) began when our clocks moved forward an hour. Whereas I would have seen the sunrise at 6:11 in New Jersey, instead, it’s at 7:11. Correspondingly, sunset switched from 6:02 on March…

Deciding if We Are in a “She-Cession”

In our pre-pandemic 2019 world, the number of service sector jobs that attracted women went up. Meanwhile, male-dominated sectors except for construction had fewer jobs: Ahead by 109,000 jobs, women became a majority of the labor force. The Pandemic Gender…

Where We Have the Best Work-Life Balance

For each of us, the metrics that measure well-being could vary. So, to start, you might want to try this OECD interactive exercise. Called “Better Life Index,” it lets you decide what the good life means. Or, you could just…

How Zero-Emissions Will Change Jobs

Many of us ponder climate change in terms of temperature: Instead today, let’s look at job markets. Zero Emissions Job Markets According to a new report, a zero-emissions economy will change job markets in Latin America and the Caribbean. However,…

Why We Need Bigger Cars

The U.S. birth rate has been gliding downward. Per thousand women, aged 15 to 44, the general fertility rate dipped from 60.1 in 2018 to a provisional 56.8 during the end of 2020: Correspondingly, remaining at 20 percent, there is…

The Surprising Minimum Wage Impact at McDonald’s

From 2016 through 2020, wages crept upward at thousands of McDonald’s in the U.S. The McDonald’s response, though, is not quite what economists would have expected. The (Surprising) Minimum Wage Impact Traditional economic theory suggests that employers respond to an…