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December 24, 2014
The everyday economics of increasing productivity.
December 24, 2014
What UPS Learned from Henry Ford

Because free shipping creates pressure on retailers to send parcels more cheaply, UPS has had to lower costs by increasing processing productivity.

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December 23, 2014
weekly economic news roundup and gasoline prices
December 23, 2014
Why New Jersey Has Lower Gas Prices Than California

Since gasoline prices vary in the U.S. because of different state taxes and wholesale crude, the impact on consumption expenditures also is different.

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December 22, 2014
Everyday economics and the cost of cheap parking.
December 22, 2014
The Seven Ways We Pay For Free Parking

Including congestion, wasted gas, time and emissions, cheap parking creates negative externalities that variable pricing of parking spaces can eliminate.

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December 21, 2014
December 21, 2014
How Music Affects Our Shopping Behavior

In a store or restaurant, music tempo is an atmospheric tool that firms engaging in monopolistic competition can use to increase customer spending and time.

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December 18, 2014
Supply and demand explain why a Button Gwinnett signature sells for close to three quarters of a million dollars while John Hancock's is much less.
December 18, 2014
The Story of a Very Expensive Signature

Since Button Gwinnett left behind few letters and documents, supply and demand made them valuable to collectors of Declaration of Independence Signers sets.

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December 17, 2014
everyday economics and Christmas music
December 17, 2014
The Dow of Christmas Music

Like the Dow Industrial Average, the list of top Christmas music from Spotify, iHeartMedia and Billboard compose a large market that is big business.

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December 16, 2014
Oscar betting markets
December 16, 2014
Why Academy Award Winners Might Live Longer

Relating income inequality to the stress felt by low status Bolivian Tsimane men and academy award losers, researchers said that stress that harms health.

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December 15, 2014
Everyday economics and the internet in Italy
December 15, 2014
Italy and the EU: An Internet Story

Looking at internet connectivity as a part of the EU's information infrastructure, we can see how Italy is behind and reflects member nation contrasts.

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December 12, 2014
Renewable energy and conventional energy at odds
December 12, 2014
Dynamic Pricing: How To Lower Your Electric Bill

As monopolies, electric utilities have the pricing power that lets them offer dynamic pricing through smart meters but supply and demand will change slowly.

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December 11, 2014
Everyday day economics and the minimum wage
December 11, 2014
Is Your Favorite Economist Biased?

Illustrated through word use and data selection in research, politically liberal and conservative economists display a tendency toward confirmation bias.

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December 10, 2014
economic policy uncertainty
December 10, 2014
A Reason For Economic Uncertainty

Combining the continuing resolution and 11 of 12 omnibus spending spending bills, a fiscal policy compromise could avoid government shutdown.

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December 9, 2014
Everyday economics: Looking at the CPI and beyond, there are many ways to calculate the inflation rate.
December 9, 2014
Expanding How We Measure Inflation

Our CPI measure of the inflation rate has been debated because it could be calculated using a chained CPU, could be real time, and excludes some seniors.

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