A behavioral economist can explain why a pricing strategy can become a legend when it relates to a bread making machine.
An Airfare Pricing Mystery
The airlines need to solve airfare pricing problems because their algorithms depend on historic data that is no longer relevant.
Throwback Thursday: What Past Super Bowl Ads Said About the Economy
#TBT: For some economic history and a bit of fun, we can look at Apple 1984, the Sock Puppet, and other past Super Bowl ads.
A Green Flip-Flop For Peak Oil
Hubbert’s Peak is the highest point on an oil well’s bell curve. Because the downside comes next, it represents the beginning of the end of our oil supply. And just the beginning of our story… Peak Oil Supply M. King…
Weekly Roundup: From Santa’s Salary to Holiday Spending
This week’s economic news summary includes Apple’s corporate taxes, Santa’s GDP connection, seasonal spending, the gender gap and the brain and shopping.
Weekly Roundup: From Cloned Cows to T. Rex Sales
This week’s economic news summary included China’s cloned cows, turkey facts and productivity,food lawsuits and limited liability and economic development.
Weekly Roundup: From Venezuela’s French Fries to the Army’s Pizza
Posts Roundup Sunday 11.01.15 How to be inches away from getting hired…more Monday 11.02.15 Why one-child could be here to stay…more Tuesday 11.03.15 The army food we eat at home…more Wednesday 11.04.15 What a pizza can teach us…more Thursday 11.05.15 The tough part of deciding who…
How to Make the Invisible Hand Disappear
With shortages of basic necessities, price controls, lack of foreign exchange and rising prices, Venezuela’s inflation rate is soaring.
The Unintended Consequences of Banning Ivory Sales
New US ivory regulations have had unintended consequences. During November 2013, the US government “pulverized” nearly 6 tons of elephant ivory from Asia and Africa. Intending to send a message to elephant poachers, the Fish and Wildlife Service destroyed ivory that…
What is the Price of a Rain Forest?
Chevron said that $40 million was sufficient. Attorneys representing 47 villagers from Ecuador’s rain forest considered $19 billion. And now, we have several court decisions. Our story begins in 1967 when Texaco discovered oil in Ecuador. At first using helicopters…
