economics

Why Is Steak So Fucking Expensive?

Mmmmmm, steak. Goddamn, is it tasty! But at the end of the day, it doesn’t come from an endangered species, never mind a unicorn —…

The Irresistible Economics of Doorbuster Sales

Why is it that stores mark down some of their most expensive items and stay open all night — fully staffed — during the busiest…

Should I Be Worried Gas Prices Are Going to Artificially Increase Over the Thanksgiving Holiday?

If the modern automobile had a status on Facebook, it would undoubtedly be “It’s complicated.” With their computer-controlled fuel-injection systems, continuously variable transmissions and three-phase…

Why Are Concert Tickets So Fucking Expensive?

You probably wince every time you buy tickets to a big concert, right? It’s amazing that it costs all that money just to stand next…