supply and demand

National | World | Economic History | Pop Eco | Interactive Articles

Fate of the public library

Is it time to abandon the age-old institution that has educated people for generations? Eddie Go considers the important role public libraries still have in the digital economy.

Are ticket scalpers really ripping you off?

Whenever a high profile event sells out, you can be sure that ticket scalpers are at work, endeavouring to make profits at the expense of those who missed out. Taylor Nugent explores why arbitrageurs succeed and explains the economics behind ticket scalping.

A hypothetical foray into time as a resource

In his ESSA debut, Daniel Tan explains why time is the ultimate resource, and visits seemingly outlandish concepts such as time elasticity, a changing supply of lifetime, and time travel.