With surprising similarity, whether it’s craft beer or vaccines, new product names create difficulties for firms.
Deciding the Dollar Value of a Life
Among the many variables involved with coronavirus math, the dollar value of a life can help us determine the importance of social distancing.
The Problem With Vegan Names
With plant-based foods growing like weeds, we have to decide if their vegan names should reflect the foods that they resemble.
When a Tomato is Like a Washing Machine
Next winter, our salads could be much more expensive because a new 17.5% tomato tariff will shrink supply and spike prices.
Deciding If Lab-Made Meat Can Be Called Meat
Ranchers and poultry farmers are supporting legislation that requires lab-made meat labels to indicate the product is not real meat.
How Traffic Lights Relate to Adam Smith
When no traffic lights on the island of Nantucket has created good will among strangers, it also might show the limits of Adam Smith’s laissez-faire.
How EU Regulation Deals With Blue Wine
Surprisingly significant, the EU’s opposition to blue wine reflects how regulation constrains the innovation that creates productivity and economic growth.