Investors have been told that Avocado prices are nudging food costs up at Chipotle. At the end of last March, aggressive demand and lower supply from California made avocados more expensive. In its most recent Annual Report, the company even…
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The Economic Side of Legal Marijuana
When Massachusetts voters said yes to legal marijuana, they made an economic decision that relates to competition, taxes, and banking.
How Shopping For Yogurt is Like Buying a Car
Recent research explains that our yogurt choice fatigue at the supermarket is rather similar to what we experience when buying a car.
Banking on Marijuana
Reflected by duffle bags filled with cash, marijuana’s financial services problems demonstrate why we need banks and other financial intermediaries.
What the IRS Says About Panera’s Pay What You Want
After closing all of their Panera Cares Cafes where customers were supposed “pay what you want,” Panera might have a problem with the IRS.
Two Ways to See a New Restaurant
While Kenji Lopez-Alt perceived his new restaurant through a food writer’s lens, an economist would see it somewhat differently.
When Cash Is Not the Best Thank You
By avoiding repugnant transactions like selling foie gras or human organs, we are eliminating the benefits of the market.
When Ketchup and Parking Are Similar
Whether we are buying Heinz ketchup from a supermarket or a coupon from a Manhattan parking garage, money and time will shape our shopping behavior.
Why a Higher Minimum Wage is like a Google Map
Using a multi-disciplined lens, the University of Washington’s most recent study of Seattle’s $15 minimum wage conveyed considerable insight.
The Tipping Paradox
Disliked by many as discriminatory, inconvenient, and even embarrassing, tipping is a paradox because it refuses to disappear.