Weekly Roundup: From Slicing Bread to Saving Honeybees

Our everyday economics includes behavioral economics, commitment devices, environment, supply, regulation, free trade, gender issues and the minimum wage.

How the Trans-Pacific Partnership is About New Balance and Nike

Looking at tires, fashion and NAFTA, we can see the lost jobs opposition to free trade and the pro free trade response.

What the Big Mac Says About the Trans-Pacific Partnership

While opponents of the TPP free trade deal cite currency manipulation, cheaper exports from countries with cheaper currencies save money for U.S. buyers.

Weekly Roundup: From Free Delivery to Expensive Coffee

Our everyday economics includes competition, progressive taxes, free trade, externalities, sunk cost, productivity, supply chain, incentives, & tradeoffs.

Three Charts That Explain the TPP Free Trade Deal

Although pacts like the TPP are politically controversial, economists have supported free trade since David Ricardo explained comparative advantage,

The Surprising Reason Your Car Was Made in Mexico

More than its low labor costs, Mexico is attracting car manufacturers away from the U.S. because it has free trade agreements with more than 40 countries.

Weekly Roundup: From Drinking Behavior to Dating Decisions

This week’s everyday economics involved 6 economists and such ideas as product differentiation, behavioral economics, marginal utility, price and trade.

How the EU is Like a Dysfunctional Family

Like a dysfunctional family with members who dislike each other, the EU stays together because of the benefits of David Ricardo’s comparative advantage.

The Reason There Are Fewer Russian McDonald’s

Embargoing goods from countries that imposed sanctions, Russia included McDonald’s and ignored the benefits of David Ricardo’s comparative advantage.

What Would David Ricardo Say About Your Sneakers?

While the uniforms, boots and other items worn by the military are supposed to be 100% “Made in the USA,” exceptions are okay if we cannot make what they need. Athletic shoes became one of those exceptions when the Defense…