The Surprising Side of Internet Prices

The trajectory of internet prices in markets that had never before existed is not entirely what we might have expected.

Why Dodge Minivan Owners Are Smiling

Seeing the pop in the price of a “pre-owned” Dodge minivan, we can look at the reasons for higher used car prices.

A Return to the Downside of Gift Giving

During the holiday season, our gift giving might have less value than we expect because recipients engage in preference falsification.

Thanksgiving Top Ten List For 2021

Through a Thanksgiving Top Ten list, we can use economic ideas to truly understand our behavior during the holiday.

What We Can Learn From a Ketchup Packet

The Covid shortages of Heinz ketchup packets show us that less of a tomato spread is about a lot more than a condiment.

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.

The Downside of Gift Giving

During the holiday season, our gift giving might have less value than we expect because recipients engage in preference falsification.

What (Baseball) Spitballs and (Coronavirus) Sanitizer Have in Common

During the 1870s some players discovered they could change a baseball’s trajectory at precisely the right moment. It just took a bit of spit. Decades later they banned the spitball because it made for boring games. Fans wanted more action,…

A Surprise From Clorox

In a 2020 Axios/Harris Survey, participants were asked which company had the best corporate reputation in the U.S. The Clorox Company was first in a top 100 list. These were the top ten: Last year, neither Clorox nor Hershey was…

The Mystery of the Cheap Turkey

Lower turkey prices just before Thanksgiving are an economic mystery because a spike in demand is supposed to make products more expensive.