Wondering why concert ticket prices have gone up during the past decade, we can look at Taylor Swift’s 2018 Reputation tour.
Last week, I paid $25 for three hours at an NYC parking garage. Others though paid $50 for the same amount of time. We could say that it cost me less. But there is much more to the story. What…
Knowing that Amazon’s list prices will soon disappear from most of their ads, we can ask Nobel laureate Danial Kahneman how they affected us.
The surprising impact of the Mexican soda tax demonstrated that consumer and supplier responses can be unpredictable.
Our weekly roundup includes how economics connected Venezuelan oil and beer, Russian taxes and vodka, Broadway and the $10 bill and moving and jobs.
An example of a sin tax, cigarette taxes can create incentives that involve saving lives, increasing revenue, entitlement spending, and smuggling.
While retail health clinics were supposed to cut healthcare spending, they might be increasing costs because of extra visits caused by their convenience.
Dynamic pricing at Amazon, the Indianapolis Zoo and a Dallas toll road displays how price influences buyer and seller behavior.
Our economic news summary includes inflationary movie reviews, baggage productivity, fast food animal welfare grades, Chinese consumer spending and methane.