What Starbucks should be doing is charging to use the bathroom

I wrote a piece for Time.com about the decision at Starbucks to shutter 600 stores. You can read it here. It’s brilliant and all, but the real reason I’m blogging is so that I can pass along this text my friend Richard sent me over the weekend: Starbucks is toast—waiting in line for the bathroom [...]

Danes still the happiest, even if they won’t say hello at the grocery store

As America’s Leading Source of News About the Danish EconomyTM, the Curious Capitalist is legally required to report this important information released Monday by the University of Michigan’s World Values Survey: The results indicate that Denmark is the happiest nation in the world and Zimbabwe the unhappiest. The United States ranks 16th on the list, [...]

Why free trade and globalization aren’t quite the same thing

How can you be for free trade yet against (or at least worried about) globalization? Ralph E. Gomory and William Baumol would like to tell you: On what grounds can we, as free trade advocates, assert that globalization can harm the country? A straightforward explanation suffices: In standard analyses of trade, economists usually assign fixed [...]