The Wisdom of Crowds

The Dark Art of Getting Served at the Bar The case for standing in line

In some countries queuing has become a social norm.  In other countries queuing is not so established.  Here are some images of queues in Ch...

In January 1956, the economist Vernon L. Smith decided to use his classroom as a laboratory to answer that exact question. Today this would ...

A giant flock of starlings moves purposefully through the African sky keeping its shape and speed while sweeping smoothly around a tree. Fro...

Convention may play an important role in everyday social life. But in theory it should be irrelevant to economic life and to the way compani...