Thanksgiving is my favorite holiday. There is zero pressure to frantically search for presents, and it is an excellent opportunity to...

Matilda by Roald Dahl was my all-time favorite book growing up. I loved listening to teachers read it, learning to read from it, and even...

“What can you do with an economics major?” I frequently get that question from students who are trying to decide what undergraduate...

The Cheesecake Factory is huge. Not only does it have the longest menu in history, its restaurants -- which are often two stories -- are...

Have you ever thought about why there are chocolate chips at the grocery store? I mean really stopped to think about it. There you are,...

The movie “My Cousin Vinny” has a fan club of lawyers and judges who love to quote the movie and use it as an example of effective...

One of the first lessons in an economics class is “People respond to incentives.” This concept is quite intuitive. When you were a child...

Marginal thinking is a key concept in economics, but it is often one that is misunderstood. Most of our thinking is in fact on the...

Overhead at a table of economists: Susan: “They’re making a profit every month” Mike: “Accounting or Economic profit?” Table: Erupts in...

George Akerlof won the Nobel Prize in Economics in 2001 for his research on information asymmetries in markets. His seminal paper on the...

Happy 4th of July! There are all kinds of goods. Things you buy and only you eat. Things you buy and you share. Things you buy and...

“You added a cup of salt instead of a cup of sugar to the batter??” I’ll keep names anonymous, but I still remember hearing a friend tell...

I’ve been baking for forever. My sister and I used to make brownies for our swim team coaches in elementary school, and by high school I...