We’ve all been there—putting off important tasks like saving for retirement, paying off debt, or even scheduling a doctor’s appointment.…
Category: Economics
Inflation at the Grocery Store: Why Your Cart Feels Lighter but Costs More
In recent years, consumers have increasingly noticed a perplexing phenomenon: their grocery carts seem lighter, yet the total at checkout…
The Hidden Cost of Free: How “Freemium” Models Shape Consumer Behavior
In today’s digital landscape, freemium models have become ubiquitous, offering users a taste of products or services at no cost…
The Economics of Streaming: Why Subscription Fatigue is Real
Remember the days when Netflix was your only streaming subscription? Fast forward to today, and your monthly entertainment budget might…
How Gacha Games Trick Your Brain: Lessons From Behavioral Economics
On a visit to the mall, you may have seen a large selection of toy vending machines lining the wall…
Minimum Wages and Poverty: How The Two Are Actually Related
A common question many people have is whether raising the federal minimum wage will help reduce poverty. One may think…
The Secret Economics Of War
War is a costly business that is invoked rarely and very seriously. It can cause the crippling of economies, populations,…
Philanthropy: An Economic Perspective
Kobe Bryant’s Mamba Foundation. Jay-Z’s Shawn Carter Foundation. Alicia Key’s Gordon Parks Foundation. What do all of these have in…
Recessions – “What’s in a Name”
Shakespeare once alluded to the fact that names are sometimes irrelevant and arbitrary in his play “Romeo and Juliet”. While…