Bite-sized economic wisdom that won't put you to sleep. This Nuggie Bucket helps you discover why markets do what they do, without needing a finance degree or a calculator.
5 nuggies
Estimated completion: 200 minutes
Nuggies in this bucket
Coase Conjecture
4 bites
Why durable goods monopolists struggle to maintain high prices, and how this affects pricing strategies.
Baumol's Cost Disease
5 bites
Why costs rise in sectors that don't experience productivity growth, and its impact on the economy.
Bertrand Paradox
3 bites
Explore how price competition between firms can lead to surprising and counterintuitive outcomes.
Jevons Paradox
4 bites
Discover why efficiency improvements often lead to increased resource consumption rather than conservation, creating a paradoxical effect in economics and environmental policy.
Hotelling's Law
4 bites
Discover why competing businesses often cluster together instead of spreading out, and how this counterintuitive principle shapes everything from political platforms to product design.