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.
Combining our “wants”and “shoulds” into temptation bundling, we wind up with a commitment device that helps us keep our New Year’s resolutions.
Not nearly an economic bonanza, the cost to host the Olympics is considerable while the benefit to host is happiness. Is it worth it?
Referring to EU regulation, some people say that bendy bananas are one reason to vote “leave” in today’s Brexit vote. Where are we going? To thoughts about regulation and markets. EU Regulation Myths The U.K. media have so delighted in exaggerating or misstating EU…
Assume that you are on the seventh floor waiting for one of three elevators. Car 1 can arrive in 15 seconds but the total wait time will be 25 seconds because it has a stop on the eighth floor. Closer, Car 2 is 10 seconds…
When fast-moving Amtrak trains and slower freight carriers share the same track, we have a railroad transportation problem.
Our weekly roundup includes productivity and a hamburger assembly line, financial intermediaries and index funds, soda tax incentives and the GMI.