We used to buy what we needed. Now we subscribe. If you live in Chicago, you can sign up for a weekly gasoline delivery subscription. For $16 a month plus the price of the gas, Yoshi will fill up your…
Wilted Lettuce, Moldy Strawberries, and the Impact of Brexit
Thinking of wilted lettuce, moldy strawberries, and a slower trip from the Hook of Holland to Harwich, England, we can see the impact of Brexit.…
Why the Kilogram Had to Change
To become more accessible and accurate, a new kilogram has been developed that that is based on ideas rather than an object.…
Why We Share Homes, Cars, and Clothing With Strangers
An economist can explain why we are willing to share homes (Airbnb), carpools (BlaBlaCar), and clothing (Rent the Runway) with strangers.…
Changing EU Times
European Union time zones could change if individual nations get to choose if they want perpetual summer time or winter time.…
The Mystery of the Disappearing Credit Card Signature
Soon, the credit card signature will be extinct and so too will another transaction “cost” that made spending money a little more difficult.…
The Chaos Created By Venezuela’s Soaring Inflation Rate
When Venezuela’s inflation rate entered the stratosphere, it created chaos that shifted the rhythm and rationality of daily life.…
A Simple Tax Story
Thinking of tax reform, we can not only look at what we pay and how much, but also at simplifying taxes through pre-filled forms from the IRS.…
The Time Zone Changes That Massachusetts Might Make
Cows don’t like the switch to daylight saving time. A California organic dairy farmer said he enjoys the extra hour of light that starts in March. But his cows don’t. Because they are accu…
The Difference Between a Sunny and Stormy Business Climate
The World Bank’s Doing Business Index ranks 190 economies to show where the business climate is sunny or stormy because of regulatory policy.…