The shocks of the pandemic economy gave us a bunch of enormous natural experiments, which helped to prove or disprove conventional economic thinking. Take, for example, the bullwhip effect, the idea ...

If you own a business, then you might be aware of the bullwhip effect, which is an important supply chain phenomenon first noted by MIT systems scientist Jay Forrester. Even if you have never heard of ...

Michael Okrent does not work for, consult, own shares in or receive funding from any company or organization that would benefit from this article, and has disclosed no relevant affiliations beyond ...