Having only a few people with most of the wealth, motivates others. This theory is actually wrong according to research.
Aakkosia sosialistien lapsille (1912)/Flickr
Inequality actually restricts people from earning more, educating themselves and becoming entrepreneurs.
Consumers often distrust mission-driven groups that earn profits.
Brian A Jackson/Shutterstock.com
People may initially assume the worst when they encounter for-profit companies with social missions. What can these social ventures with good intentions do to gain people’s support?
Sales of electric vehicles are growing fast, especially in Europe.
Shifting to plug-in cars wouldn't be enough to max out global oil consumption by 2040. But it could help make that happen if cities pitch in and ride-sharing doesn't crowd out public transportation.
Should convenience come at a cost?
nevodka / Shutterstock.com
A recent ban on charges for paying by credit or debit card could open the door to legal action for surplus fees paid in the past.
The economics of the money-back guarantee can work for retailers.
The economics of the money-back guarantee can work in retailers' favour, in certain circumstances.
Years from now, she’ll probably be ready to part with her photo assistant.
Most Americans cling to things with sentimental value that we no longer need. Taking pictures of these possessions may make it easier to give them away.
Republicans have been opposed to the CFPB since it was created.
Republicans are hoping to eliminate or at least defang the only federal agency tasked solely with protecting consumers from financial abuses. What would we miss if they succeed?
Watch out for booming burger prices in barbecue season.
What the lessons of failed high street brands mean as M&S finally makes a big move.
A pioneer of ethical consumerism, wedded to a corporate giant with a questionable record? The lessons of a decade ago should be ringing alarm bells.
Spanish activists protest against retailers using factories in a building in Bangladesh which collapsed, killing more than 600 people.
"Shaming campaigns" have been successful in attracting attention to transnational issues like inhumane working conditions and environmental degradation. But shaming guilty corporations is only the first step.
Man has his hair cut by his father in Goldsboro, Florida.
Research on how black people try to avoid racism in their daily lives shows that following white, mainstream standards can have mixed results.
Uber is changing the way it calculatess fares.
Ritchie B Tongo/EPA
Charging consumers different prices for the same service is actually a very common practice called "price discrimination".
A recent study has highlighted the need for tighter regulation within the funeral industry.
AAP Image/Dan Himbrechts
Regulation of funeral products needs to be consistent to improve consumer understanding and choice.
A prototype Amazon delivery drone.
Amazon.com and others are eager to fill the skies with drones delivering packages at all hours. Convenient, yes, but it could transform – and not in a good way – our ability to make informed choices.
Avocado demand is driven not just by their supposed health benefits, but by their newness, exclusivity and symbolic, aspirational value to a burgeoning middle class.
Many brands, particularly those from countries associated with poor production quality, attempt to disguise their origins.
Why do people choose to drop the spending and devote their time to another way of living?
Banking in a highly financialised society like Britain could be seen as akin to a fundamental human right.
Uber CEO Kalanick quickly learned the dangers of not taking a stand on hot-button political issues.
Companies historically have avoided taking stands on contentious issues, but new research suggests consumers punish businesses that don't stand up for their core values.