China’s economic development and much more will be propelled if its Belt and Road Initiative sends trillions to countries in three continents.…
What’s Trending
What’s trending in economics at both the macro and micro levels.
The Two Sides of a Pilot’s Decisions
Involving safety, airline pilots’ decisions during takeoff, flight, and landing reflect cost and benefit tradeoffs that their passengers rarely recognize.…
The Less Obvious Way To Conserve Wildlife
Attempts to encourage African wildlife conservation have changed incentives that affect African villagers and U.S. hunters.…
When Gasoline is Like Spotify
We used to buy what we needed. Now we subscribe. If you live in Chicago, you can sign up for a weekly gasoline delivery subscription. For $16 a month plus the price of the gas, Yoshi will fill up your…
Deciding If Lab-Made Meat Can Be Called Meat
Ranchers and poultry farmers are supporting legislation that requires lab-made meat labels to indicate the product is not real meat.…
The Package That Amazon Returned
Now that Amazon’s HQ2 will not be in Long Island City, New York, we can ask if the multi-billion dollar incentive package was worth the tradeoffs.…
The Mystery of the Missing Jobs
To understand why certain cities have more dog walkers, scientists, and pastry chefs, we just need to look at the geography of jobs.…
How Social Security Is in Worse Shape Than We Think
Twice last year– during February and August–we shared six facts about Social Security. Now, disagreeing with the Social Security Trustees 2018 Report, economists at the University of Penns…
The Case of the Missing Chips
A New York federal court recently explained why it was okay for our potato chip bags to have excessive air that is called slack fill.…
When Free Money Didn’t Do What It Was Supposed To Do
The preliminary results for Finland’s two-year guaranteed income experiment appears to have created more questions than it answered.…