What We Can Learn From Big Mac Prices

Based on the January 2017 Big Mac Index, we can get the most burger for our buck in Egypt. At the equivalent of $1.46, an Egyptian Big Mac is less than one-third the $5.06 U.S. price. On the other hand, a Big Mac…

Weekly Economic News Roundup: From Tipping to Vacations

Weekly News Roundup Sunday 02.26.17 Surprising costs at the Academy Awards… Monday 02.27.17 Where people take longer vacations… Tuesday 02.28.17 How the tipping wage and the minimum wage differ… Wednesday 03.01.17 What cranberries say about NAFTA… Thursday 03.02.17 Why parking is never…

What We Need To Know About Federal Spending

Talking about foreign aid and the defense budget is like comparing a blueberry to a watermelon. Foreign aid spending is tiny while defense dollars are massive.   With federal spending on foreign aid, defense, Medicare and Medicaid in the headlines, let’s…

Where a Cranberry Meets NAFTA

For another NAFTA example, we can start with the impact of Canadian cranberry production on Nantucket but then continue onward to Wisconsin and beyond.

The Ups and Downs of Tipping

Sometimes surprising and usually unpredictable, the reasons we tip make the tipping wage a controversial paycheck minimum.

Deciding How Much To Work

Illustrated by the Expedia Vacation Deprivation survey, how much vacation time we take can depend on where we live and our reference points.

Oscar’s Hidden Costs

Frequently hidden, Academy Award costs relate to gifts given to the major nominees and the host, to the speeches and even to our taxes.

Weekly Roundup: From Fewer Bees to More Austerity

Weekly News Roundup Sunday 02.19.17 Where bubbles tell a story… Monday 02.20.17 How markets save bees… Tuesday 02.21.17 Why Greece resists the bailout… Wednesday 02.22.17 How iPhones bite back… Thursday 02.23.17 Why farms use fewer people..   Friday 02.24.17 Where you need to chew…

How Restaurant Psychology Affects Us

Including music and seating design, restaurant psychology affects table turnover by influencing how fast we eat and drink.

Why the LettuceBots Are Coming

Perhaps looking like LettuceBots, the population of farm robotics will increase as the supply of migrant farm labor decreases.