Chinese Daigou shoppers represent a new type of entrepreneur

The Chinese practice of Daigou—to "buy on behalf of"—has grown from a seemingly disorganized practice associated with individuals cleaning out supermarkets of baby formula to a multi-billion-dollar phenomenon according ...

Tackling counterfeit seeds with 'unclonable' labels

Average crop yields in Africa are consistently far below expected, and one significant reason is the prevalence of counterfeit seeds whose germination rates are far lower than those of the genuine ones. The World Bank estimates ...

Luxury spending is up during the pandemic

Forget the early weight gain known as the "Quarantine 15," or the surge in floppy-eared pandemic pup adoptions—the newest COVID-19 trend is all about designer duds and flashy cars, and it comes with a hefty price tag.

Charles Darwin and conspicuous consumption: Why bling is blingy

Luxury brands are a prominent feature of modern society. Thorstein Veblen coined the term "conspicuous consumption" to describe how the upper classes showcased expensive goods without inherent practical benefits to demonstrate ...

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