How an Art Heist Is like the Government Shutdown

Whether looking at an art heist, government shutdown negotiations or a soccer shootout, game theory can explain people’s behavior.

What a Government Shutdown Does to Each of Us

A government shutdown is again in the news. The key date is December 21. If federal agencies without funding do not get their money by then, they have to follow their shutdown rules. I suspect most of us will be…

Why a Tariff Changed Your Hiking Boots

Looking at tariff incentives, we see changes in clothing design and factory location that are based on minimizing the impact of the tax.

When a Tax Rate Is Not as Simple as It Sounds

Referring to “The Son of Man,” Belgian surrealist artist René Magritte said, “Everything we see hides another thing.” Instead, Magritte could have been describing corporate taxes. The U.S. Corporate Tax Cut National The Tax Cuts and Jobs Act of 2017 (TCJA)…

(Almost) All You Need To Know About Quotas

From sleeveless jackets to begging brides and young sports teams with no uniforms, the complexities of quotas can produce a slew of unpredictable results.

Why We Should Apologize to the IRS

Including more people saying, “Where’s my refund?” the number of IRS problems has been increasing while its budget has been shrinking.

All You Need to Know About Jobs and Steel Tariffs

Although the new steel tariff will target just 140,000 workers in the steel industry, its impact will create an economic ripple that will affect millions across the U.S.

The Food Fights Between the U.S. and China

Whether looking at chicken paws or hog hooves, U.S. and China food tastes have worked well together until U.S. and Chinese tariffs have upset the benefits of the relationships.

Why U.S. Winemakers Can’t Fight the Trade War That the President Uncorked

While facts about China’s wine imports from the U.S. are somewhat surprising, still the impact of a tariff war is predictable.

Why the Retail Apocalypse Could Be a Renaissance

Even with mall traffic declining and stores closing, retail restructuring might lead to a renaissance fueled by creative destruction rather than an apocalypse.