While Halloween candy spending displays some agreement between red and blue states, it also relates to a top ten list of economic ideas.
An Almost New Grocery Shopper
Not as devastating as the retail changes at the mall, the supermarket grocery shopper is also switching to new buying habits.
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.
What Super Bowl Ads Really Say
Ranging from Apple to Amazon, and Pets.com to Ameriquest, decades of Super Bowl ads can demonstrate some major turning points in the U.S. economy.
What an Economist Would Buy at the Salad Bar
We could say that we are looking at salad bar economics when we compare the price per pound at the salad bar to the produce aisle.
Why We Give The Wrong Gifts
When we receive presents that disappoint us, gift giving creates deadweight loss that diminishes the economic boost from holiday spending.
Why a Starbucks Christmas Tree Frappuccino Has a Brief Life
The Christmas Tree Frappuccino had a short life. It was here Thursday and gone Monday. But Starbucks had a good reason. Frappuccino History The Christmas Tree Frappuccino was the latest in a limited edition frappuccino line-up. Starbucks tells us that…
The iPod, Starbucks, and Richard Thaler’s Behavioral Economics
Discussing the iPod he designed, Tony Fadell expressed his frustration with products that said “charge before use.” He remembered arriving home excited about a newly purchased gadget. But then his emotional momentum would hit a wall when he discovered he…
The Mystery of the Disappearing Restaurants
Used to be we would prepare dinner at home while eating out was occasional. No more. Now, especially for lunch and dinner, someone else prepares the food. The Mystery The Atlantic called it “The Great Convergence.” The difference between what…
Where Cash (sort of) Rules
Like Mark Twain saying, “The reports of my death have been greatly exaggerated,” non-cash payments have not eliminated currency.