In 2015, Norway’s Odd-Steinar Tøllefsen won the World Brewers Cup competition. The rules are simple. You just need to use a non-mechanical coffee brewing method and have won qualifying regional competitions. Essentially, we are talking about pouring water (by hand)…
Weekly Roundup: From Savers to Shoppers
This week’s economic news summary includes sales tax debates,municipal revenue, stock markets and politics, Uber’s externalities, and productivity problems.
Our Shopping Behavior During the Great Recession
As the stages of the business cycle and our life cycle unfold, the changing cost of time affects how we shop.
Self-Signaling by Standing in Line
Whether you stand in long lines to self-signal or you hire someone to do the wait for you, your decision reflects tradeoffs that relate to time.
Leap Seconds
The earth is supposed to rotate every 24 hours. Sometimes, though, it takes less time and sometimes it takes more. So, to be precise, we depend on atomic clocks. And therein lies the problem. Increasingly, Solar Time (earth rotation time)…