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Ice Cream Economics

Whether it’s Ooey Gooey Butter Cake or Salted Crack Caramel, your flavor is a part of the ice cream economics of an ultra-premium creamery.…

Dilemmas From the "Sharing Economy"

Today’s story is specifically about Airbnb. More generally though, it involves whether government or the market system should regulate the “sharing economy.” But first–Craigsli…

Should Government Have a Nudge Team?

Is society better off when people stop smoking? Return to work sooner after a layoff? Pay their taxes on time? Using “nudge theory,” the UK’s Nudge Unit says it can help policymakers…

Is the Market Ethical?

Some people believe that government should control areas that we consider most valuable while others say precisely the opposite. The “war” between government believers and market believers…