With its newest and priciest product launch, Apple has made iPhone conspicuous consumption the reason to buy their phone.…
Looking at the Southwest Effect
Sometimes invisible, the Southwest Effect has influenced air fares and air traffic since the 1970s when Southwest was a small Texas carrier.…
Why Competitive Eating is About Much More Than Food
When Joey Chestnut guzzles 72 Nathan’s hot dogs in 10 minutes, his competitive eating takes us to much more than food and entertainment.…
Throwback Thursday: Remembering the Best French Fries
#TBT Throwback Thursday: Looking back at the original McDonald’s french fries that were made with beef tallow, we could say that the taste was worth the fat.…
Throwback Thursday: Remembering When We Were More Connected
With a soaring proportion of households becoming cellphone-only users, on this #TBT we can look back at the disappearing landline.…
How Our French Fries Became More Expensive
When the price of your French fries increased during the past decade, one reason was a potato cartel that was rather similar to OPEC.…
Why UPS and FedEx Have the Prisoners’ Dilemma
Planning their surcharge policy for the holiday shipping surge, UPS and FedEx each was influenced by the Prisoners’ Dilemma.…
Why the Greek Yogurt Invasion Was More Than Yoplait’s War
The story of Yoplait’s unsuccessful battle against a Greek Yogurt invasion is really about a war that old food brands are fighting.…
Why a Natural Monopoly is Good for Peak Power and the Super Flush
At the end of the last episode of M*A*S*H, during I Love Lucy commercials, after a popular BBC soap, we need a natural monopoly to satisfy peak demand.…
Why Tequila Drinkers Need Protection
Like sparkling wine that is called Champagne and cheese that is Parmesan, Mexican tequila is legally protected, even with Desperados tequila-flavored beer.…