A Closer Look at Apple in China

Looking at Apple in China, we can see the collateral damage that a seemingly targeted tariff can create for multinationals.

The Real Problem With Facebook’s Business Model

To understand the problem with Facebook’s ad revenue business model, we can just look at the role played by price as an incentive.

An Inside Look at the iPhone

Doing an iPhone teardown for the XS Max, we see the cost of the components and the suppliers that extend around the world.

The Impact of a Bee Sting on Your Big Mac

The market’s message from bee pollination prices has minimized the impact of colony collapse disorder (CCD) on our Big Mac.

The Mystery of the North Korean Economy

Looking at the North Korean economy, economists have to become detectives because the government refuses to share basic statistics.

When a Tesla Price Tells Us All We Need To Know

Just by looking at a $35,000 Tesla price, we can decide if Elon Musk is creating luxury vehicles or cars for the masses.

What a $450 Million Price Tag Tells Us

On November 15, Leonardo da Vinci’s Salvator Mundi sold for $450.3 million ($400 million plus fees). The auction lasted 19 minutes. Salvator Mundi: Where are we going? To the message from the price. Where to Ship When you are dealing…

The Chaos That Inflation Can Create

Last year, Venezuela’s inflation rate exceeded 800%.   For this year, the data conflicts. While the Wall Street Journal and the IMF say Venezuela is on its way to hyperinflation, Johns Hopkins economist Steve Hanke says the rate is closer to 70%.…

Why We Should Like Uber’s Surge Pricing

People who get angry with Uber’s surge pricing should be willing to accept the tradeoff. Without a higher price, the number of drivers would plunge.

Why a Rain Forest Needs a Price Tag

We can increase rain forest value with a price tag because quantifying something that is priceless more tangibly conveys its worth.