If you skipped breakfast this morning, then you might be contributing to Florida’s worries about orange juice consumption.
Because baseball fans from Washington D.C. have waited 86 years for their team to reach the top, their World Series ticket prices are soaring.
By looking at one hundred years of consumer spending history, we can see how our food, housing, and clothing reflected our growing affluence.
There is much more to the online food delivery business than aggregating restaurant menus, delivering food, and accepting orders.
Through her new concert tour, “Reputation,” Taylor Swift may have figured out how to prevent scalpers from reducing ticket availability and getting too much of her revenue.
We seem to be going nuts for cashews. You can see below that the U.S. and India are eating the most. We like our nuts as a snack, in protein bars and as cashew milk. In India, a growing middle…
The results of the bet between biologist Paul Ehrlich and economist Julian Simon showed how the power of the market affects commodity prices.
Although no one tells Maine’s wild blueberry growers how much to plant, blueberry markets signal when to cut back and when to plant more.
When airlines overbook flights, they just need to recognize the power of the market and pay passengers high enough prices (vouchers) for their seats.
You might find it handy sometimes to sound like an economist. Here are the top ten ways: 1. Whatever the question, always answer, “There’s no such thing as a free lunch.” 2. Defend a decision by declaring, “It was worth…