When We Don’t Need Traffic Lights

Having recently driven in Manhattan (NYC) and now on Nantucket (an island located 30 miles from the coast of Massachusetts), I’ve been pondering the difference a traffic light can make. In NYC, the traffic lights are constant signals from government.…

Why We Have a Chores Gap

Especially evident during pandemic lockdowns, at home we have a chores gap that determines who does the housework.

Why You Should Bet On a Vaccine

Giving us unbiased insight about the future, vaccine prediction markets can help us predict when the economy could return to normal.

How Algorithms Change Gasoline Prices

Looking at gasoline prices that are controlled by algorithms, we could be surprised by how they affect competition.

Why Champagne Is Like OPEC

With champagne sales plunging because of pandemic lockdowns, growers and Houses like LVMH are behaving somewhat like OPEC.

Why Water Is a Worry

Looking at Cape Town, South Africa and 12 U.S. cities we can see why the basic water tradeoff involves a choice between conservation and affordability.

A Simple Look at the World’s Most Complex Economies

To its detriment, the U.S. might have insufficiently recognized the impact of China’s economic complexity in the U.S. China trade deal.

What Presidents Added to Thanksgiving Economics

From George Washington to Abraham Lincoln and Franklin Roosevelt to George H.W. Bush, U.S. presidents have influenced Thanksgiving economics.

Why Trade Is Good

Knowing that the benefits of free trade can be invisible, we can use a list of six brief reasons to actually see why trade is good.

Astronomically Different Prices for an Apollo 11 Videotape

Sold twice at auctions, the two prices of the Apollo 11 videotapes were astronomically different because of changes in demand and supply.