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Could the federal minimum wage vary by the regional cost of living?

Apr 29, 2021
A listener writes: "If you make the minimum wage $15/hour, it’s not enough in New York and it’s way too much in Peoria. Would it be possible to tie the minimum wage to the cost of living?"
Many Democrats back a $15 hourly federal minimum wage. That can buy you different things in different parts of the country.
Joe Raedle/Getty Images

How do all-inclusive resorts make money?

Jan 28, 2021
Several economic theories are at play to make this counter-intuitive business model profitable.
People walk on the beach at Sandals Grande Antigua all-inclusive resort in the Caribbean.
Chris Jackson/Getty Images

Can the government's economic books be cooked?

Jul 3, 2019
U.S. civil servants who collect and analyze statistics are effectively shielded from political pressure.
Central Press/Getty Images

Airline tickets are priced to confuse

Jan 9, 2019
Sometimes flying a longer distance is less expensive.
Saul Loeb/AFP/Getty Images

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Where did 'I approve this message' come from?

Oct 17, 2016
The fix for attack ads run amok has lost some of its power in the digital age.
A view of a digital billboard supporting Donald Trump in Times Square, New York City. The billboard was paid for by a pro-Trump political action committee (Super PAC) called 'Committee to Restore America's Greatness.' 
Drew Angerer/Getty Images

Whiskeys have to age for years, so how do distilleries make money?

Mar 7, 2016
Distillers have to find another way to make money while whiskey ages.
Barrels of whiskey aging at the Kings County distillery.  Colin Spoelman, Kings County’s master distiller says when it comes to aging whiskey, a barrel can be like a tea bas. “The first time you use it, you get a lot of spice, a lot of infusion, flavor.”
Valery Rizzo/Kings County Distillery