Connecting economics, current events, and history, this week's economic news roundup ranges from deciding who is rich to a prisoner's dilemma.
To reduce emissions and wasted time, Uber and Lyft should encourage the ride sharing that will decrease traffic congestion.
Looking at the game theory behind congressional debt ceiling negotiations, we see a classic example of the prisoner's dilemma.
Hoping to avoid the middle income trap, China is taking the less typical socialist route through their "common prosperity" policies.
With the Biden Administration taking us to a $400,000 threshold for higher taxes, deciding who is rich has become a legislative debate.
Connecting economics, current events, and history, this week's economic news roundup ranges from a McDonald's drive-thru to a fat bear.
For drive-thru speed, McDonald's believes that just 20 seconds can make a huge difference in taking customers away from competitors.
Seeing Otis, Holly, and 747 compete during Alaska's Fat Bear Week reminds us of the impact of wilderness and development tradeoffs.
A demography challenge, China's birth rate problem is worse in other nations where the growth in babies and the elderly should be reversed.
Similar to the value of Grumpy Cat before she died, behavioral economists suggest that pricing the environment would give it more worth.
Connecting economics, current events, and history, this week's economic news roundup ranges from a Dogecoin trademark to cigarette taxes.
Much more than a source of clean clothing, the washing machine is an example of household technology that impacts women and the economy.










