Because a firm like Uber loses revenue from unhappy riders who had delayed arrivals, we could say we are looking at apology economics.
Looking at William Nordhaus's study of lighting history, we can see how increasingly cheaper illumination boosted our living standards.
First awarded more than 70 years after the original Nobel Prizes began, the Nobel Economics Prize is worth some unexpected extras.
Whether about cows or chicken nuggets, sometimes seemingly insignificant new food technology can have an unexpectedly massive impact.
When one bottle of single malt Macallan whisky sells for more than $1 million, we can ask if it was superior taste or some other reason.
In a Pew's yearly survey of trade opinions, they uncovered a slew of contradictions that show most of like trade but cannot say why.
When we pay through an honor system, retailers depend on our economic honesty while researchers are trying to understand it.
By identifying the moral limits of markets, we can decide what should and should not be sold...like wedding tickets and high grades.
Without trade deals, our fruit imports would include many fewer mangoes, melons, tomatoes, limes, berries, and watermelons.
Not knowing what behavioral economists say about "zero," the Russian Domino's was surprised by the response to a free pizza promotion.











