According to 2022 statistics, electric vehicle (EVs) sales have accelerated in countries that range from China to Norway.
What Economists Say About Pumpkin Spice
Remembering that economics explains human behavior, we can use its basic conepts to explain pumpkin spice popularity.
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.
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