Everyday economics and adding an interior slippery surface to a container is an innovation that will save time and lessen waste.
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The Connection Between a Killer Plant and Elmer’s Glue

An innovation being sold to manufacturers, jars with slippery interior surfaces will create positive externalities by lessening waste and saving time.

Economic Ideas
Sunk Costs: When to Cut Your Losses?

Several days ago, during a phone call, I was asked to “hold” for a moment. 5 minutes passed. No one returned. I considered hanging up but thought, I’ve already waited 5 minutes. They will have been wasted if I leave.…

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