consumers

Who has the most expensive and cheapest gas in Europe?

By Rhod Mackenzie The priciest gas for households in Europe this year can be found in the Netherlands and Sweden, while the most cost-effective options are in Belarus and Russia. This information pertains to calculations based on data from national statistical services. In the first half of this year, Dutch households were charged 24 (euro) […]

How Did Hamburgers Get So Darn Good?

The hamburger is at least a hundred years old, possibly much more depending on who you believe. It’s a simple sandwich, a ground beef patty between two pieces of bread, plus a slice of cheese if you’re lucky. It doesn’t seem like a product that has room for much improvement, and yet, year after year, hamburgers keep on getting better. How is this possible? How can something with so little complexity continue to get tastier and tastier, year after year?

Let Amazon Play Monopoly

Amazon's offer to buy Whole Foods for $13.7 billion sounds pretty great to both parties, but it seems that isn't good enough. The proposal has a lot of people worried about Amazon becoming an indestructible monopoly, and the government is all too happy to step in and settle the issue. But this concern ignores consumers' own preferences as well as business and entrepreneurial history. This week in Words and Numbers, Antony Davies and James R.

Government Agencies Don’t Offer “Customer Service”

When attempting to pinpoint what exactly a customer is, the main defining characteristic lies in recognizing whether or not the individual in question has the right to say, "No thanks, I'll be shopping elsewhere."
When a consumer buys a plane ticket through a private airline, they, unfortunately, do not have the luxury of also choosing to utilize a private security firm in the airport prior to boarding their aircraft.