Alfred Marshall Archives - Econlife (original) (raw)
December 4, 2023
Why Sports Stadiums Create Dilemmas
Like all sports projects, renovating Arthur Ashe Stadium requires choosing between most fans and the minority that brings the most revenue.
June 30, 2023
What Buffet Economics Says About All-You-Can-Eat
Looking at the the supply and demand sides of buffet economics, we see how restaurants and diners manage all-you-can-eat.
October 17, 2022
All We Need To Know About Pumpkin Slingshots and Fall Farm Festivals
The incentives created by fall farm festival prices shape the money that families spend when they visit a farm on a beautiful autumn day.
February 15, 2022
How a Cheap Airline Can Be Expensive
Reflecting an unbundled ticket, a list of discount airline fees indicates the extras we can pay for when we fly cheaply.
December 11, 2020
Where Mount Everest Economics Take Us
Whether looking at its newfound height, the traffic jams, or the role of Nepal, Mount Everest always takes us to the margin.
November 22, 2019
The Airline Seat Size Squeeze
The problem of airline seat size getting smaller and people getting larger is difficult to solve because comfort and revenue tend to conflict.
November 6, 2019
Six Surprising Facts About Our Prescription Drug Spending
Called a prescription escalator, our prescription drug spending is more about efficacy and age than the rising prices that we say we see.
August 18, 2019
Why a Lifetime Pasta Pass is About More Than Spaghetti
The unlimited pasta that Olive Garden's Never Ending Pasta Pass winners consume reflects a massive change in marginal utility.
April 9, 2019
What Chuck E. Cheese Teaches Us About Money
When Chuck E. Cheese changed the kinds of payment cards that kids and their parents used for games and food, they created new spending incentives.
January 23, 2019
When to Worry About Water
Approaching Day Zero, the people in Cape Town South Africa were conserving water by singing two minute shower songs and using 50 liters (13 gallons) a day.
August 16, 2018
Why Driving is Safer in Sweden
An economist might say that the optimal number of traffic fatalities depends on the cost of preventing them. Sweden disagrees. Compared to most other countries, Sweden’s […]
August 13, 2018
Disrupting the Movie Industry
With many of us rarely going to a theater, we can see why movie attendance is down and the chance for industry disruption is up.