How To Get Speedier Fast Food

Hoping to increase its drive-thru speed, McDonald’s has begun to use voice recognition technology to compete against other fast food chains.

A Surprising Fast-Food Fact

Although fast-food consumption has been connected to income, recent research indicates the correlation is not what we expect.

What an Economist Says About 300 Hamburgers

Hearing the Clemson University football team got 300 burgers at the White House, an economist might name the resources needed for a quarter pounder.

Who Will Care About the Starbucks Price Hike?

When coffee drinkers hear that some prices at Starbucks will rise, their response will depend how how elastic their demand is.

Throwback Thursday: Remembering When We Were More Productive

On this #TBT, we can look back at the golden age of productivity growth to see when and how our standard of living improved.

The Economics of a Smile

In a list of smiling societies, the U.S. could be close to the top for a surprising reason that relates to immigration and diversity.

Why the Big Mac is Like a Model T

Waiting in line at the McDonald’s drive-through, just think 90 seconds. The most you are supposed to wait, 90 seconds is one half of the McDonald’s formula. Always aiming for speed, years ago McDonald’s experimented with un-toasted buns. They also tried…

Hamburger Productivity

To understand what factor productivity involves and its slowdown, we can combine statistical history with examples that include McDonald’s early history.

The Case of the Hot Fajita

Shown by fast food lawsuits, corporate limited liability is one reason big businesses are corporations rather than proprietorships and partnerships.

Why Ronald McRobot Will Soon Serve Us

A minimum wage hike causes labor intensive fast food restaurants to exit the market, capital intensive restaurants to enter and the number of jobs to drop.