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July 18, 2025
traffic lights and Adam Smith's Laissez-faire
July 18, 2025
The Island With No Traffic Lights

Changing incentives for pedestrians and drivers, because the shared space concept eliminates traffic lights, we behave differently.

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April 23, 2024
Icon of the Seas cruise ship economics
April 23, 2024
Why a Cruise Ship is Like a Model-T

Because the newest cruise ships are so massive, their owners can take advantage of the economies of scale that optimize efficiency.

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November 20, 2023
Ukrainian food distribution
November 20, 2023
How To Prepare Three Tons of Food

In Krakow, Poland, hundreds of voluteers implement Ukrainian food distribution by using Adam Smith's division of labor.

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June 26, 2023
traffic signal
June 26, 2023
A New Kind of Traffic Signal

Including Nantucket and the Netherlands, the places that replaced traffic signals with "shared space" had surprising results.

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May 16, 2023
power of the market
May 16, 2023
New Nudges From the Invisible Hand

Moving from the bottom up, the power of the market gives countless nudges to consumers and businesses that shape their berjavior.

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November 3, 2022
Weekly Economic News Roundup and cornhole corruption
November 3, 2022
The Cornhole BagGate Scandal

At this year's American Cornhole World Championship, the cheating accusations could have the same impact as economic corruption claims.

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July 6, 2022
traffic lights and Adam Smith's Laissez-faire
July 6, 2022
What a Traffic Light Can Surprisingly Signal

Called laissez-faire, Adam Smith's prescription for less government in the economy relates to an island with no traffic lights.

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June 30, 2021
traffic lights and Adam Smith's Laissez-faire
June 30, 2021
When We Don’t Need Traffic Lights

Having […]

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May 23, 2021
chores gap
May 23, 2021
Why We Have a Chores Gap

Especially evident during pandemic lockdowns, at home we have a chores gap that determines who does the housework.

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March 28, 2021
Weekly Economic News Roundup and value of a vaccine
March 28, 2021
Why You Should Bet On a Vaccine

Giving us unbiased insight about the future, vaccine prediction markets can help us predict when the economy could return to normal.

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June 24, 2020
economic news roundup and water shortages
June 24, 2020
Why Water Is a Worry

Looking at Cape Town, South Africa and 12 U.S. cities we can see why the basic water tradeoff involves a choice between conservation and affordability.

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January 23, 2020
weekly economic news roundup and economic complexity
January 23, 2020
A Simple Look at the World’s Most Complex Economies

To its detriment, the U.S. might have insufficiently recognized the impact of China's economic complexity in the U.S. China trade deal.

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