Why We Need Trophy Hunting

Expensive trophy hunting packages demonstrate how the price system gives a value to animals that helps to preserve them.

Weekly Roundup: From Traffic Congestion to Job Evaluation

Our everyday economics includes central planning, unintended consequences, comparative advantage, transportation infrastructure, cost & developing nations.

What Ants Tell Us About the Wisdom of Crowds

Shown by ant groups successfully taking a Cheerio to a nest, sometimes the wisdom of crowds depends on the brains of an individual leader.

Weekly Roundup: Matchmaking Mysteries to Garbage Privacy

Our everyday economics includes productivity, markets, prices, externalities, social norms, distribution, scarcity, environment, regulation, monetary union.

Why a Hungry Country Might Have Enough Food

Focusing on production and distribution, economists look at the role of markets and of government when they try to determine what causes and ends famines.

Weekly Roundup: From Height to Hamburgers

Our everyday economics includes behavioral economics, GDP, demand & supply, inflation, tradeoffs, markets, consumer spending, environment, and regulation.

Weekly Roundup: From Thirsty Almonds to Potent Alcohol

Our everyday economics includes human capital, incentives, behavioral economics, cost and benefit, exports, tradeoffs, inequality, risk,markets, and income.

How the World’s Most-Consumed Liquor Changed the Corn Market

Because of supply and demand in the U.S. and the world, U.S. farmers are planting less corn and more soybeans and sorghum.

A Renewing My License Story

Seeing government’s inefficiencies through a driver’s license renewal process reminds us to recognize the tradeoffs from creating public goods and services.

The Reason For Our Chocolate Problem

The chocolate deficit is a supply and demand story with weather and fungus problems on the supply side and demand up from developing nations.