Rippling far beyond furniture assembly, the IKEA Effect can determine how we value what we construct and cook at home, and design at work.
Economists become somewhat similar to weather men and women when their GDP monitor is a nowcast that forecasts the present.
Making financial decisions, we might take more or less risk because of the color of the print in our documents and charts.
Seeing the impact of French baguette deregulation, we can look back at the days when government guaranteed Paris's bread supply.
Wondering why cars happily stop to let pedestrians cross the road on an island without traffic lights, we can find an answer from Adam Smith.
Thinking of postal service finances, you might picture Meyer Chuck, Alaska's 25 residents receiving a weekly mail delivery.
By changing our homes and our cream cheese purchases, taxes on bagels and windows can have unintended consequences when they distort our behavior.
When politicians plan to update our transportation infrastructure, they are influenced by a hidden hand that can be benevolent or malevolent.
Although no one tells Maine's wild blueberry growers how much to plant, blueberry markets signal when to cut back and when to plant more.
To understand the high prices supported by Hamilton ticket demand, we can look at the elasticity from four groups of theater goers.












