Looking at the North Korean economy, economists have to become detectives because the government refuses to share basic statistics.…
Seeing Gander on 9/11 Through a Different Lens
While Gander’s hospitality on 9/11 is an example of considerable graciousness, it also can be remembered for its economics.…
The One Thing We Should Know About Making Sneakers
With consumers expecting faster product cycles, Adidas is experimenting with a new supply chain that accelerates sneaker production.…
What a High Social Score Can Get You in China
In 2020, China will have implemented a social score program that will use behavioral inputs to decide which goods and services residents can access.…
How to Make Kids Smarter (And Also Help the GDP)
While superstition tells us that babies born during the Year of the Dragon will have more success and power, economists look at human capital investment.…
What Amazon Wants For Its HQ2
Our story starts with one of the transistor’s inventors. According to a Wired article, William Shockley is the reason that Silicon Valley grows chips instead of apricots. Although Shockley Semic…
Looking at Invisible Labor
While a diplomat negotiates a treaty and a singer records music, few of us recognize the invisible labor that made their work possible.…
Will Your Holiday Gift Arrive On Time?
The surge in demand for fast and free e-commerce deliveries has made the shipper’s “last mile” the most challenging segment of your package’s journey.…
A Turkey Top Ten
Thanksgiving economics is about the land, labor and capital that determine what the Pilgrims ate in 1621 and what we eat now.…
Election Economics 2016: Some Manufacturing Insight
It’s not that we don’t manufacture anything anymore. We just need fewer manufacturing jobs because we are using more technology to increase output.…