Worried about losing sales to upscale brands, Starbucks is using competitive strategies to increase demand from affluent customers.
Weekly Roundup: From Raisins to BBQ
Our everyday economics includes property rights, sovereign debt, default,, externalities, regulation, Pigovian taxes, incentive, state taxes, and oligopoly.
Is the Raisin Reserve “Unraisonable”?
The Supreme Court is deciding if the USDA can affect raisin grower property rights though a raisin reserve that mandates crop surrender to prop up price.
Four Ways to Understand Greek Debt
An historical perspective and a look at what is owed, to whom and when provides insight about the culture and complexities of Greek sovereign debt.
When Business Has to Pass a Smell Test
When a Texas barbecue restaurant or California hot sauce maker emits odors, municipal regulation can focus on quantity or taxes to restrict the pollution.
Two Reasons For Moving to Alaska
Creating different incentives, the variety among state taxes includes some with no income tax, others with sales taxes and some with severance taxes.
Why More Movies Are Boring
With the competitive market structure of the movie business changing from less to more competition, movie content from major studios is less innovative.
Weekly Roundup: From Grocery Bags to Soda Bottles
Our everyday economics includes developing nations, human capital, environment, behavioral economics, consumer spending, health care,incentives & sin taxes.
Pepsi Light Has a Whole New Meaning
Human capital in developing nations is benefiting from inexpensive lights made from plastic soda bottles that also are connected to solar powered batteries.