June 12, 2015
Ignoring Adam Smith's ideas, the EU will probably tell us by 2016 that China has a market economy because the World Trade Organization requires a decision.
June 11, 2015
Wage data from 1981 to 2012 show that women who are top earners have made progress in cracking the glass ceiling but their numbers remain relatively low.
June 10, 2015
Recent academic studies show that by lowering individual income taxes and eliminating certain business taxes, Kansas's new tax cuts can boost its economy.
June 9, 2015
For insight on how Greece and Germany handle the prisoner's dilemma as they negotiate Greek debt, we can compare their differences and eurozone loyalty.
June 7, 2015
Affecting firm competition and player inequality, when billionaire Larry Ellison bought Indian Wells, he generated externalities throughout tennis.
June 4, 2015
A surprising cause of a change in demand, hunger might make us want to shop more. Traditionally, a change in demand results from a demand determinant.
June 3, 2015
Whenever people try to limit the rights of owners, as with Alexander Hamilton and bondholders or now with the ART Act, there are market system tradeoffs.
June 2, 2015
Shortages, long lines, and panic buying are several ways that hyperinflation is creating chaos for local and foreign firms and consumers in Venezuela.
May 26, 2015
Required by commerce in a market system, standard weights and measures not only take us to the kilogram or second but also even peanut butter.
May 24, 2015
Avian Flu and California's new cage size regulations are creating shortages and higher production costs in the egg supply chain that will increase prices.
May 22, 2015
Economic research on the impact of a higher minimum wage on employment provides no clear answers. Economists on each side say opposing research is flawed.
May 20, 2015
Looking at tires, fashion and NAFTA, we can see the lost jobs opposition to free trade and the pro free trade response.