How Are We Fighting Inflation Around the World?

Among many, one weapon for fighting inflation is the interest rate increases that central banks around the world are now implementing.

When We Need a Better Name

Our demand for a good or a service or even a pet can be increased or decreased by whether the name is easy or difficult to pronounce.

Why You Buy Meatballs and Chairs at the Same Store

When we look at IKEA’s selling strategies, we can see meatballs and chairs or the principles of demand in action.

How Hospital Price Transparency Became Foggy

Although the hospital prices transparency rule kicked in last January, it still is somewhat impossible to decipher a hospital’s price list.

The Tax That Made Us Healthier

By increasing cigarette taxes, states provided an example that extends beyond smoking of how a higher cost leads to healthier habits.

Why Buying Plum Jam Is Like Retaking the SAT

When shopping in a supermarket or deciding whether to retake a test, we should be aware of our left-digit bias.

The Oyster, the Martini, and Happy Hour Economics

More than oysters and martinis, a Happy Hour at your favorite restaurant is really all about how supply and demand create more revenue.

Why We Should Worry About Our (Top) Banana

With the arrival of a banana fungus in the Americas, we should start to worry about the survival of one of our most popular fruits.

The Lid on the Pot Industry

While states find it’s tough to predict marijuana tax revenue, they can assume that higher rates will nudge consumers toward black markets.

The Problem With Healthcare Price Shopping

While healthcare price transparency sounds like a logical way to constrain soaring healthcare costs, the results were not quite what we expected.