Always controversial, the idea of daylight saving time started with railroads standardizing time and continued with a Congressional mandate.
In the 2009 transcripts, Federal Reserve humor brings smiles and memories of the dire condition of finance, housing and the GDP.
A banking innovation that is more than a money machine, the ATM's impact on bank tellers shows the impact of Joseph Schumpeter's creative destruction.
Told by the World Court to stop the subsidies paid to cotton farmers that distort prices, the U.S. has settled the case by paying Brazilian cotton farmers.
Although airlines can increase productivity when they board passengers faster, they do not use the most efficient approaches.
A big part of the shadow economy, the tax evasion in Greece that prevails among the self-employed substantially ups the deficit and distorts fiscal policy.
His 50th anniversary, Warren Buffett's letter to his shareholders again conveys what he did right, what he did wrong and his folksy investing advice.
Our everyday economics includes GDP, human capital, price system, public goods, taxes, gender pay gap, externalities, subsidies, marriage economics and ROI.