Like climbing prices and 5-star product reviews, grade inflation has been tough for Harvard's professors to control but they've begun to try.
Looking at armies, navies, and railroads, we can see that wristwatch history is about much more than time.
Even with a massive water crisis, the states that need the Colorado River have been unable to make the necessary tradoffs.
Connecting economics, current events, and history, this week's economic news roundup ranges from pricey tomatoes to shipping chokepoints.
Continuing our May e-links, today I recommend a podcast with two economists that have made economics interesting.
More than other everyday grocery items, tomatoes have been hit by a triple whammy that pushed their prices way up.
Rather like the distant impact of the flutter of a butterfly wing, tin can demand can affect a Chunky Soup dinner.
Japanese cereals and potato chips are our perfect example of how a blockade of a global shipping chokepoint creates distant externalities.
The same since 1993, the federal gasoline tax might be suspended although the Highway Trust Fund needs the revenue.