factors of production Archives

The Economic Side of a Pringle

During the 1950s, a Procter & Gamble chemist developed a potato chip that would not crumble in the bag. Actually, there never was a bag and regulators said it was not a potato chip. It was called Pringles. Pringles History…

Development

Where to Find New Capital Cities

Whether looking at Indonesia today or the United States in 1791, moving a capital city can be somewhat similar.

Economic History

When a Tap Told the Time

Undergoing structural change, the 19th century British economy had the problem of factory workers that could not afford alarm clocks.

Weekly Economic News Roundup and early childhood education

human capital

How Head Start Connects to College

We can compare the early childhood education component of President Biden’s legislative proposals to other preschool programs.

Weekly Economic News Roundup and chip shortages

technology

How Chip Shortages Create a Car Crunch

Almost like the perfect storm, chip shortages were created by a convergence of problems that rippled around the world.

Labor

Why Trappist Beer Needs More Monks

Around for more than two centuries, the Belgian beer made in Trappist monasteries needs more monks to produce it.

What's Trending

How Baseball Can Solve Its Home Run Problem

When we look at baseball’s home run problem through an economic lens, we see how labor and capital have made a huge difference.

technology

Where You Can Live On The Moon

Researchers at Purdue University are designing a moon habitat whose surprising location makes it resilient and safe.

Sports

Why the MLB Gender Grade Is a C

With two masters degrees and a Cardinals internship on her resume, Rachel Balkovec was ignored by 15 baseball teams when she applied for a coaching job. Then though, she applied as Rae, and got a ton of responses… until they…