Why We Have a Chores Gap

Especially evident during pandemic lockdowns, at home we have a chores gap that determines who does the housework.

A Simple Look at the World’s Most Complex Economies

To its detriment, the U.S. might have insufficiently recognized the impact of China’s economic complexity in the U.S. China trade deal.

All You Need to Know About Doughnuts

Knowing that last Friday was National Doughnut Day, we can thank the inventor that made doughnut mass production possible.

What a Sock Can Teach Us

Manufacturing Socks in a Regional Cluster Helps Firms to Optimize Production

Weekly Roundup: From Buying Big Macs to Selling Waders

Our weekly roundup includes the tennis gender pay gap and toilet gap, free trade and individual businesses, and the purchasing power of the minimum wage.

How to Become More Productive

Shown by Fitbits, workplace output goals and division of labor, when implicit and explicit targets increase self-control, they boost productivity.

Restaurant Economics: How to Make 1500 Meals a Day

At 2 am, converging at the delivery entrance of Balthazar in NY’s SoHo are mussels from New Zealand, russet potatoes from Idaho, steak from the Midwest and chicken breast and bacon from Prince Edward Island while some Little Skookum oysters originated in Washington State.…

Innovation: An “Assembly Line” for Taiwan’s Orchids

“One man draws out the wire, another straights it, a third cuts it, a fourth points it, a fifth grinds it at the top for receiving the head;… Those …persons, therefore, could make …upwards of forty-eight thousand pins in a…

The New Economics of Marriage

When North Carolina’s voters rejected same sex marriage, they were not thinking economically. Traditionally, marriage has been about specialization. With the husband in the labor force and the wife at home, their division of labor resembled a small factory. He…

Women’s Work

The CEO designate of IBM will make it 29. There will be 29 women who are CEOs of Fortune 500 companies. 27 of those women are married, one is divorced and one never married. Financial journalist James Stewart explains in…