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 st…
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…mor…
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 me…
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…
Demand and Supply: Chocolate Stories
Because the price of cocoa is soaring, we might soon be paying more for cookies. But first, a bit of history. A Chocolate Butter Drop Do Cookie crisis in 1930 is the reason we have chocolate chip cook…