While we see similar tastes and shopping patterns in the world’s most expensive cities, the reasons for a high and low cost of living vary.…
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.…
The Tipping Paradox
Disliked by many as discriminatory, inconvenient, and even embarrassing, tipping is a paradox because it refuses to disappear.…
The Value of the Brands We Love the Most
Adding to the value of a good or a service, firms in the top 15 global brands like Apple and Amazon have our loyalty by distinguishing what they produce.…
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.…
The Beer Ads That Started the Corn Syrup War
During Super Bowl LIII, Bud Light’s beer ads started a corn syrup war that unfolded during the game and after but was really about product differentiation.…
Why the Supply of Avocados Could Dip
We could have a problem with our supply of Super Bowl guacamole if Mexico’s pipeline fuel thefts lead to avocado shortages.…
Six Facts About How Supermarkets Influence What We Buy
These six facts tell us how our supermarket shopping can be influenced by much more than the shopping list we bring with us.…
What Do Coca-Cola and Reese’s Peanut Butter Cups Have in Common?
Reese’s Peanut Butter Cups and Coca-Cola are just two examples of higher consumer prices because transport and ingredient costs have gone up.…
The Impact of the Starbucks Effect
Called the Starbucks effect, current and future housing prices tend to rise when a Starbucks moves into the neighborhood.…