Shaped by monopolistic competition, the behavior of McDonald’s and Starbucks attracts different groups of consumers.
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Weekly Roundup: From Waist Size Checks to the Russian Embargo
Our weekly roundup includes everyday economics that relate to entitlements, tax credits, supply and demand, consumer spending on children and the eurozone.
Our Weekly Roundup: From Tipping to Startup Airlines
Our weekly roundup includes everyday economics that relate to entitlements, the market, competitive market structures, regulation and labor.
How Music Can Empower You
Like athletes use music before competing, so too can we energize our human capital at work with music that empowers us physiologically and psychologically.
What Refrigerators Can Tell Us About Global Markets
In refrigerators in developing nations, we can see the impact of affluence on their diet and on supply and demand that will change worldwide food prices.
Will You Get Your Social Security Benefits?
The 2014 Social Security Trustees Report says that after we deplete the remains of the program’s trust funds in 2033, payroll taxes will not provide all promised benefits.
Our Weekly Roundup: From Milk to Tobacco
Our weekly roundup includes the everyday economics of consumer surplus, monopolistic competition, economic development, poverty and technology spillover.
Seeding change: seeds or change?
Cash grants are an alternative form of foreign aid. Tough to accept, cash could have more benefits than other traditional programs.
The Spillover from Refrigerators in China
The spread of refrigeration in China has positive and negative externalities that relate to household diets, greenhouse gases and transport and home waste.
Our Weekly Roundup: From Argentina to North Dakota
Today’s weekly roundup includes the everyday economics of sovereign debt defaults, oil boom towns, athletes’ labor markets and the GDP.