B2B Stories

“Father Christmas, give us the money Don’t mess around with those silly toys” The Kinks, Father Christmas At this time of gift giving, it is worth considering whether the exchange of presents is efficient. Well at least to an economist it is! Famously, if only in economic circles, Joel Waldfogel in 1993 suggested gift giving was inefficient because it destroyed about 10 percent to a third of the value of the gift. Think of the aunt or uncle that gave you that wonderful (read terrible) sweater last year. They bought

Universities and K-12 schools are in the business of human capital development. Human capital is education, training, and other forms of learning. Human capital is seen as an investment, just like physical capital, where the costs are paid upfront and the returns are received later. A recent paper by David Deming in the Journal of Economic Perspectives reviews our knowledge of human capital. An extra year of schooling increases earnings by about 10 percent. Given that the share of the world’s population that has at least some secondary school education

For the second year in a row, several downtown businesses are collaborating to bring their customers a unique shopping experience. Downtown Soul City, a Facebook page, has announced its second annual Small Business Saturday Crawl, which will be held on Nov. 26 beginning at 10 a.m. at Augusta & Co., located at 1010 Broad St. Many businesses, including The Book Tavern, Fetch 501, Grantski Records, and Tiffinie Bleu Bridal Boutique, will participate in this year’s event. Sponsors include Kruhu and Mod Ink. Each of the first 200 shoppers will receive