Holiday Break: December 17th — January 7th, 2025
Wishing you and yours a wonderful hoilday season and all the best in the coming new year! - The Econ Everyday Team Source | Unsplash: Photo by Logan Voss on…
The ‘IKEA Effect’
The Swedish company IKEA is renowned worldwide for its wide array of furniture that customers are required to assemble at home. This video will explore the behavioral psychology behind the…
Closing Time
Fast-food chain Wendy’s announced they are planning to close 140 underperforming stores by the end of 2024. The proposed closures are for stores in low-growth locations with less than $1…
The Implications of Tariffs for the Economy
Tariffs probably aren’t something you think about as you go about your day, in fact, youmight have never thought about them at all. That could soon change as Donald Trump…
Private Sector Job Growth Reflects Broader Macroeconomic Trends
The pace of job growth in the private sector is more than a statistic; it tells a story of how businesses, consumers, and policymakers respond to changes in the economy.…
Navigating the Market System and Circular Flow: Dropbox’s Workforce Restructuring
Dropbox’s recent decision to reduce its workforce by 20% highlights core principles of the market system and the circular flow model. At its essence, the market system operates on the…
Why Higher Interest Rates Haven’t Deterred Homebuyers: The Unexpected Rise in Pending Home Sales
The recent 7.4% rise in pending home sales for September, exceeding predictions, underscores the nuanced relationship between Federal Reserve policies, consumer decisions, and market dynamics. Although high interest rates are…
Winning at Northwestern
If you’re like many football fans, nothing beats sitting in the stands cheering the hometeam. Indeed, in the fall, many college towns come alive as alumni and others descend onfootball…
Who Wants To Be A Millionaire?
Who wants to be a millionaire? Well, as it turns out, not as many people as in the past. It seems that inflation has caught up with people’s dreams and…
Feeling the Chill on JetBlue
For those flying in the back of the plane, long haul transatlantic flights are often a test of endurance. Personal space is lacking, the inflight entertainment system may not offer…