Wall Street - Bull Market Statue

Stocks Hate Inflation–Here’s Why

While many blame the threat of inflation for the stock market crash, the real culprit may be concerns that the economy is about to slow.
Diamond water prices

Why Are Diamonds More Expensive Than Water?

Water is simultaneously one of the few things we absolutely cannot live without, and one of the things we value least. There's an economic rationale behind that.
hospital interior

The Cautionary Tale of India’s Private Hospitals

In 1985, a writer in Economic and Political Weekly saw the beginning of private hospitals in India and warned of the dangers of their mismanagement.
Lady Loinette

The Feminist Evolution of the Iowa Porkettes

In Iowa, between 1964 and 1991, groups of women—the wives of pork farmers—boosted the supposed benefits of pork-heavy diets. They were the Iowa Porkettes.
fortune teller's hands

Why Economists Make Terrible Fortunetellers

Even the (presumably rational) economists of the world love to try to predict the future. They often get it wrong, suggesting that all the rational data in the world is rendered useless by the irrationality of human behavior.
supermarket illustration

Sex and the Supermarket

Supermarkets represented a major innovation in food distribution—a gendered innovation that encouraged women to find sexual pleasure in subordination.

Why People Want to Be Fitness Instructors

Being a fitness instructor isn’t a very highly-paid job, but, researchers found that the job provides other rewards for the people who love it.
Monopoly board with dice

The Different Meanings of Monopoly

Monopoly's real inventor was Lizzie Magie, a progressive Georgist, who believed that land should be collectively owned by all.
Monks in cloisters

When People Thought Charitable Donations Would Save Their Souls

As the middle ages progressed, monasteries became a major engine of economic activity in European communities.
Womens Home Companion ad

An Ad Campaign for Ads

Back in the 1920s and ‘30s, the magazine Women’s Home Companion tried explicitly appealing to its readers to take the ads seriously.