Sort of like the licensing exams required by government for certain professions, the wine industry also determines the credentials of its master sommeliers.
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The Light Side of Economic Growth
Looking at William Nordhaus’s study of lighting history, we can see how increasingly cheaper illumination boosted our living standards.
Looking For Peak Creativity
While the data for scientists and artists can indicate the age of our peak creativity, a close look reveals that it is much more complicated.
The Facts You Never Knew About the Nobel Economics Prize
First awarded more than 70 years after the original Nobel Prizes began, the Nobel Economics Prize is worth some unexpected extras.
The New Food Technology That Could Change What We Eat
Whether about cows or chicken nuggets, sometimes seemingly insignificant new food technology can have an unexpectedly massive impact.
How Your Whisky Can Signal Your Wealth
When one bottle of single malt Macallan whisky sells for more than $1 million, we can ask if it was superior taste or some other reason.
Our Weekly Economic News Roundup: From Dollars to Donuts
Weekly Roundup Sunday 9.30.18 How Dunkin’ Donuts changed its brand… Monday 10.01.18 Why airlines prefer fees over fares… …
What the GDP Leaves out (And Should It Matter?)
As a yardstick of the value of the goods and services produced in one year, a country’s GDP might be more accurate if it included unpaid household work.
Are Wages Really Growing?
Although wage growth may be accelerating, a look at the U.S. and also at Amazon’s recent announcement reflects the disparities.
What We Say About Trade
In a Pew’s yearly survey of trade opinions, they uncovered a slew of contradictions that show most of like trade but cannot say why.