As the downside of low unemployment, traffic congestion can have an invisible cost that relates to time, gas, and aggravation.
The EU provides feta cheese makers protection from competition through a geographical indication that gives their name monopoly power.
While the North Korean economy is centrally planned, the Choco Pie is a tiny example of the how a market system develops.
Connecting economics, current events, and history, this week's economc news roundup ranges from female film stars and male CEOs to pasta passes.
When the economy is starting to contract, we can take a look at a recession indicator in Elkhart, Indiana to forecast the future.
About much more than sauces and salads, tomato tradeoffs take us to science and supermarkets, history and trade agreements.
While states find it's tough to predict marijuana tax revenue, they can assume that higher rates will nudge consumers toward black markets.
Firstborn children are more likely to become CEOs, politicians, and top managers because of the way their parents treated them.
Looking at women in movies, we form behavioral expectations about gender roles that relate to leadership, to speech, and to age.