A man browsing the shoe department in a shopping centre. Can he really afford new shoes, and does he really need them?
Under some circumstances, people may feel wealthier than they actually are and this makes them psychologically more prone to increase their spending, as well as their borrowing.
It's not just about Brexit. Unilever's decision makes good business sense, too.
Are you a food label reader too?
Processed foods often contain additives with intimidating chemical names or numbers. But many of these are derived from or based on chemicals that are found in nature.
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.
If you have bought an Aldi “The Spiral Spring Mixer Tap” you should not use water from it for drinking or cooking until investigations of reported lead contamination is complete. What we know The media…
Eyeglasses: Put the market in perspective.
Why are eyeglasses so expensive? You can thank two massive industry comglomerates, Luxottica and Essilor.
REI's 'Opt Outside' campaign makes a virtue of shunning Black Friday and hiking instead of shopping. But while outdoor retailers preach sustainability, they still fuel our consuming habits.
China is transitioning towards a more sophisticated economy built on science, knowledge and innovation.
There is a tidal wave of competition approaching the developed world from China – and foreign businesses have much to learn how Chinese companies evolved from imitators to innovators.
Since 2009, record sales have soared.
'Records' via www.shutterstock.com
While technological advances have rendered some products obsolete, they've also spurred the growth of niche markets that cater to people looking to reject mass-produced goods.
Deaton celebrates his award at Princeton on Monday.
The annual economics award recognises the value of micro analysis and good, old-fashioned legwork.
Discretionary pricing… for scientists and surveyors.
Hidden Science Map
If the government wants to tackle wealth inequality, then it has the tools at its disposal to help people pay a fair amount for everyday goods.