Our weekly roundup includes the ups and downs of sneaker and housing markets, how women’s human capital has been wasted and healthcare cost contradictions.
Our economic news summary includes Coke’s mini sales and social norms, the minimum wage’s and cardboard boxes’ hidden impact, and an economic misery index.
With the growth of online shopping and the cardboard containers used to ship all we buy, we are creating a long list of externalities that affect us daily.
This week’s economic news summary includes disputes about Kobe Bryant and intellectual property, Puerto Rican and Super Bowl subsidies, and deficit worries.
Government subsidies can have unintended consequences because of the incentive to use more of a good or a service than the market has allocated.
Our economic news summary includes how the sharing economy relates to outdated regulatory policy, elections and markets, and Super Bowl ad monopolies.
The food waste from potentially meaningless food expiration dates has a nutritional, food security, production, expenditure and environmental cost.
This week’s economic news summary includes productivity from an aging population, the impact of cheap oil, and consumer spending on aspirational goods.
While we would predict that Beijing’s traffic congestion wastes fuel and time, unhappiness is one externality that many of us would not cite.