The Unexpected Cost of a Pistachio Nut

A small city in California is dealing with a big dilemma. Ridgecrest is the home of thriving pistachio farmers. The city also depends on a nearby U.S. Navy base for most of its tax revenue. They both need a lot…

Sounds Like Pistachios

“Remember the pistachios,” is a memorable line from a novel by economist Russ Roberts. In the first several pages of The Invisible Heart: An Economic Romance, a teacher says you have been given a room filled 5 feet high with…