Good sex might be priceless, but there’s still a market for it. Ideally, such a market doesn’t involve money—but demand is rampant, supply plentiful, and the exchange goes on every day in every way.

Wine growers everywhere fear spring frosts. New vine buds emerge in the spring and are highly susceptible to freezing temperatures which can kill them and result in significant crop loss for the year.

Log-in to bookmark & organize content - it's free! Economist Paramo Sanyal of the Brattle Group discusses the the Universal Service Fund, which subsidizes telephone service for low-income customers, ...

“You must be over the age of 21 to drink alcohol in the state of Connecticut.” Since 1984, Congress has conditioned federal highway funds on states maintaining a legal minimum drinking age of 21. All ...

The multi-layered nature of spaces is captured by real estate values that are sensitive to material, people, and place variables. What individuals, households, and firms consider when making purchase ...

We economists are often faulted for having a language all our own, usually unintelligible to common mortals. (To be fair, our discipline is not unique in this: many think the language of lawyers is ...

I refer to the report “Stifling transport operators’ profits could lead to bigger fare hikes” (Feb 14). Despite the healthy profits reported by the two main public transport companies, it was argued ...

Mark Bittman has a piece in the New York Times where he analyzes the "true cost" of hamburgers. There are some things right with the piece and some things wrong. In general, thinking about the costs ...

COVID-19 and its collateral damage continue to leave a trail of devastation around the world. Millions of businesses have closed, with many having no realistic prospect of reopening. Millions of ...