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July 16, 2015
everyday economics and the design of money, its texture and its denominations all create spending incentives.
July 16, 2015
What Money Should Look Like

The currency part of a money supply needs three basic characteristics that relate to value and also usually a design that reflects a national identity.

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July 15, 2015
The everyday economics of hanging supply and demand, streaming music meant new kinds of contracts with record companies and new relationships with consumers.
July 15, 2015
Taylor Swift Gives Apple a Little Taste of Capitalism

By asking Apple to pay her and other artists when customers get their music for free displays Taylor Swift's understanding of the basics of capitalism.

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July 14, 2015
Weekly Roundup and crunch of chips
July 14, 2015
Chips and Cheese Insight

For complementary goods and services like cheese and chips, peanut butter and jelly or weddings and bridal gowns, their demand rises and falls together.

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July 13, 2015
hot fast food beverages
July 13, 2015
Why Starbucks Coffee Costs More in California

When Starbucks says it's raising prices, the increases depend on the U.S. location because of the difference in purchasing power parity.

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July 12, 2015
Disaster economics indicate that developed nations tend to lose more property and developing nations more people when a natural disaster strikes.
July 12, 2015
The Cost of a Parmesan Catastrophe

The cost of a natural disaster tends to be higher in dollars in developed nations and in victims in the developing world.

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July 11, 2015
The econlife.com Weekly Roundup
July 11, 2015
Weekly Roundup: From Speed Eating to Slow Aging

Our everyday economics includes development, automation, taxes, fiscal policy, GDP, entitlements, entrepreneurs, negative externalities and environment.

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July 10, 2015
everyday economics and cost of growing marijuana
July 10, 2015
Why Marijuana is Not Green

Legalizing recreational marijuana, government has created environmental negative externalities by substantially increasing the number of local growers.

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July 9, 2015
competitive eating
July 9, 2015
What We Can Learn From Competitive Speed Eaters

Bringing innovation to speed eating, hot dog eating champ Takeru Kobayashi displayed the characteristics of any entrepreneur.

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July 8, 2015
Everyday economics and Aging populations and birth rates
July 8, 2015
The Impact of Japan’s Aging Population

As Japan's aging population grows older, the country's producers of goods and services will increasingly cater to an above 65 demographic.

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