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The Interesting Lies of Samuelson: How We Naively Believed the Case of Giffen Goods

If economics has its Unicorn, it would be the Giffen Good, the good that would seem to defy the Law of Demand. While economists have played around with Giffen Good scenarios, in reality, finding it is even more unlikely than sighting a unicorn.
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Feb 25, 2026 /
US, South Korea Will Hold Major Military Drills in March
The US and South Korea announced they will hold the annual Freedom Shield war games in March.  Freedom Shield is a large-scale military drill held in South Korea each Spring. The war games will run for 10 days in mid-March, with 18,000 troops participating. Army Col. Ryan Donald said the war games will be accompanied […]
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Mar 14, 2026 / Tyler Durden
Influenza Vaccine Effectiveness Lower In Recent Months, Preliminary Data Show
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Feb 21, 2026 / Tyler Durden
Cantor Fitzgerald Slammed Over Tariff Trades Which Never Happened
Cantor Fitzgerald Slammed Over Tariff Trades Which Never Happened In retrospect, if only Cantor Fitzgerald was called PolyCantor, none of this would have happened. Ever since September, the upstart online betting marketplace PolyMarket has been offering traders the opportunity to make money by betting whether the US Supreme Court would rule in favor or against Trump's tariffs, with millions of bets placed for either outcome (of course, we learned the outcome at 10am ET on Friday, when a 6-3 majority - including two Justices selected by Trump - voted against the...
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