In China, by being good to your mother-in-law, you can elevate your social credit score, get a cheaper bike rental, and a better bank loan.
Whether looking at guinea pigs or party dresses, you get rental markets when time and money make people avoid a purchase.
As an aging population soon takes us to a demographic turning point, retailers will adjust the shopping experience to an older customer.
Although mandatory calorie count labels have become the law of the land, their impact on firms and consumers is still unpredictable.
Even U.S. cheesemakers suffer when the EU (European Union) says you can't use a label like Parmesan or feta because your cheese wasn't made in the required place.
Describing why we'll have new hotel shampoo bottles, Marriott, a hotel guest, and an economist would have different explanations.
Sometimes low cost production can make goods as different as a caviar sandwich and a Model T Ford more similar than we might expect.
Looking at the world's most bike-friendly cities, you can see why only one city in the U.S. was among the top twenty in 2015 and none were there in 2017.
Behavioral economists can explain why are lured into buying a year's subscription for movie watching and other media that we barely use.
To how the Europeans feel about a Brexit impact, we can add how the U.K. will affect the EU's GDP, population, budget, imports and exports when it leaves.
Seeing people leave New Jersey, New York, and Illinois, we can start to ask if interstate migration is caused by high taxes.
Economic forecasting can frequently be inaccurate because of changing numbers and human bias or, as Yogi Berra reputedly said, "It's tough to make predictions, especially about the future."












