Looking at gasoline prices that are controlled by algorithms, we could be surprised by how they affect competition.
From George Washington to Abraham Lincoln and Franklin Roosevelt to George H.W. Bush, U.S. presidents have influenced Thanksgiving economics.
The Index of Economic Freedom is a handy source of data for judging whether or not a government has a laissez-faire philosophy.
Starting with Santa currency, states saying Christmas is an official holiday, and Christmas trees, in the 19th century holiday spending on Christmas grew.
With shortages of basic necessities, price controls, lack of foreign exchange and rising prices, Venezuela’s inflation rate is soaring.
Relating to the environment, prices and innovation, a pizza box illustrates that in economics the invisible can be more important than what we see.
Our week’s everyday economics include inflation, supply and demand, income mobility, property rights, incentives, default, CDS, and monopoly pricing.
With implications that extend beyond sports, believers in classical economics and in behavioral economics are debating whether players can have streaks.