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.…
Why We Suffer From FOMO
With social media telling us everything our friends are doing and much more, many of us experience FOMO (Fear Of Missing Out).…
Who Will Care About the Starbucks Price Hike?
When coffee drinkers hear that some prices at Starbucks will rise, their response will depend how how elastic their demand is.…
When Choosing a Salad Is Like Buying a Car
Recent research explains why and when we experience choice fatigue after seeing the alternatives at a salad bar or options at an auto dealer.…
The Return of the Disappearing Avocado
If avocado has returned to your favorite veggie wrap, you can ask your economist to explain avocado prices with supply and demand.…
Seeing Gander on 9/11 Through a Different Lens
While Gander’s hospitality on 9/11 is an example of considerable graciousness, it also can be remembered for its economics.…
Why Super Bowl LII Won’t Be a Financial Bonanza
Probably having overestimated the amount of Super Bowl spending, Minneapolis will not find that a huge sports event is a financial bonanza.…
What Santa Would Add to the GDP
Estimating Santa’s salary is a specific task that takes us to the broader issue of whether the GDP should include unpaid work.…