Ranging from oil to wind and solar, the supply and demand sides of world energy consumption responded to Covid-19 with some surprises.
Where a Pop in a Corn Price is a Problem
When North Korean prices for rice and corn rise steeply, we get the message that something is wrong with supply and demand.
When Ransom Markets Depend on Supply and Demand
Whether looking at hostage victims of kidnappers or ransomware from hackers, we find similar ransom markets.
Learn With Elaine: Ketchup Packet Shortages
One of many supply and demand problems during the coronavirus pandemic, ketchup packet shortages hit homes, bars, and restaurants.
Where Housing Prices Are Going Through the Roof
Whether looking at lumber or houses, we see a housing boom that is an example of classic supply and demand.
Where An Online Collectible is Worth $69 Million
Using V-bucks, Fortnite players accumulate the skins that make look alike video characters more unique. One thousand V-bucks could cost close to $9.99. Below, you are looking at a rare skin: Similar and yet very different, another online collectible…
What Economists Say About the Minimum Wage
The night before President Roosevelt signed the law that established the first federal hourly minimum wage, he warned in his fireside chat that we should, “…not let any calamity-howling executive with an income of $1,000 a day, …tell you…that a…
Where to Find a Higher Minimum Wage
Traveling around the United States, you would see a minimum wage that varied from state to state and among different cities.
How Dating Markets Have Changed
As they replace the traditional ways that couples meet each other, onlne dating markets are reducing the role of friends and family.
When a Carbon Tax Proposal Is Like Goldilocks
In his new book, climate activist Bjorn Lomborg presents a controversial carbon tax proposal that could remind us of Goldilocks.
