Whether looking at guinea pigs or party dresses, you get rental markets when time and money make people avoid a purchase.
Sometimes low cost production can make goods as different as a caviar sandwich and a Model T Ford more similar than we might expect.
With postal service innovation a basic problem, the U.S. Postal System is ranked lower than France, Japan, Poland, and nine other countries.
Soon, the credit card signature will be extinct and so too will another transaction “cost” that made spending money a little more difficult.
To fuel the innovation that jumpstarts economic growth, researchers have figured out less traditional ways that will encourage more people to become inventors.
Even with mall traffic declining and stores closing, retail restructuring might lead to a renaissance fueled by creative destruction rather than an apocalypse.
If avocado has returned to your favorite veggie wrap, you can ask your economist to explain avocado prices with supply and demand.
Customized container ship refrigeration has made it possible for our fruit imports to include many more bananas, limes, mangoes, and berries.