An Economics Lesson From an Ant

Not only providing a lesson that relates to building nest tunnels, ant economics can also teach us about diminishing returns to scale.

All You Need to Know About Doughnuts

Knowing that last Friday was National Doughnut Day, we can thank the inventor that made doughnut mass production possible.

Everything You Never Knew About the Sandwich

The Earl of Sandwich might have created the first slab of beef on two slices of bread because he wanted to eat at his desk (at the Admiralty). As one theory goes, he was hungry. Since waiting for his main…

The Reason There Are Fewer Russian McDonald’s

Embargoing goods from countries that imposed sanctions, Russia included McDonald’s and ignored the benefits of David Ricardo’s comparative advantage.