Like athletes use music before competing, so too can we energize our human capital at work with music that empowers us physiologically and psychologically.
Like all minimum wages, the tipping minimum wage theoretically is an economic floor that stops wages from falling to equilibrium and creates job shortages.
In refrigerators in developing nations, we can see the impact of affluence on their diet and on supply and demand that will change worldwide food prices.
The 2014 Social Security Trustees Report says that after we deplete the remains of the program's trust funds in 2033, payroll taxes will not provide all promised benefits.
Through the price system, because many consumers and businesses make buying and selling decisions for the same good or service, price conveys information.
Our weekly roundup includes the everyday economics of consumer surplus, monopolistic competition, economic development, poverty and technology spillover.
Mandated by Ronald Reagan and approved by subsequent presidents, cost-benefit analysis of federal regulation could be inaccurate for new tobacco regulation.