When Stephon Marbury priced his signature sneakers at $14.98, he had more of a problem selling them than he had expected,
Weekly Roundup: From Area Codes to Toilets
This week’s economic news summary included looking at human capital from a health care and college perspective and at area codes as conspicuous consumption.
Health Care Spending: The Impact of the Deductible
With some unintended consequences, a large self-insured employer cut health care spending by switching from free employee health care to a high deductible.
Weekly Roundup: 6 Mysteries
Our everyday economic stories involve participation rates, human capital, signaling, ROI, money, price, austerity, personal income, monopoly and bubbles.
The Mystery of the Missing Goats
We have fewer price and quantity signals because agricultural production figures on certain crops and livestock were eliminated because of USDA budget cuts.