From China to Switzerland, and Oreos to chocolate bars and mousse, global chocolate consumption depends on where you look.…
Innovation
Innovation is a source of economic growth. Including the impact of new technology and the incentives that stimulate creativity, innovation is important for a market system. Depending on current events, econlife considers the impact and source of past and present innovation that includes the industrial revolution, the transportation revolution, the information revolution and people like Steve Jobs and Andrew Carnegie who made it possible.
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 We Don’t Know About Online Food Delivery
There is much more to the online food delivery business than aggregating restaurant menus, delivering food, and accepting orders.…
How Sweden Feels About Cash
In an increasingly cashless Sweden, an Ikea cash-free store has created a positive response from management and many customers but not from everyone.…
When a Magazine Cover Counts
While some food magazines use the Thanksgiving cover of their print edition to compete, most of the magazine industry is figuring out a digital shift.…
Why the Kilogram Had to Change
To become more accessible and accurate, a new kilogram has been developed that that is based on ideas rather than an object.…
The Real Problem With Facebook’s Business Model
To understand the problem with Facebook’s ad revenue business model, we can just look at the role played by price as an incentive.…
An Amazon Market in South America
Everywhere we read about Amazon markets. But today, it’s the real thing. Where are we going? To what you can buy in the Amazon Basin. From Jungle to Table Our story starts in an upscale restaura…
Why It’s Tough to Give (Campaign Finance) Money Away
When Seattle tried using Democracy Vouchers to support campaign finance, the results were not entirely what they had expected.…
What Our Cars Say About Us
Just combine Google Street View big data on 22 million cars with researchers at Stanford University and you learn lots about all of us.…