To really grasp the impact of the trade disruption in the Red Sea, we need to move from the big numbers to tea.
When a Shrimp Is About Something Bigger
While we are eating far more shrimp, Louisiana is producing far less because of the shrimp imports that cost much less.
How Fast Fashion Responded to the Rana Plaza Collapse
When the Rana Plaza collapsed on April 24, 2013, more than 1,100 workers were killed and 2,500 were injured. Yes, the world was horrified. More precisely though, in a recent paper, two scholars asked how demand and supply responded. The…
Why North Korea Should Produce Giant Statues
The building in our featured image is affectionately called the Coffee Pot. Commemorating Namibia’s independence from South Africa, the structure was neither designed nor built by a Namibian. Let’s see why. North Korean Monuments Created by North Korea, the Coffee…
Looking at Past, Present, and Future Globalization
Looking at the past, the present, and the potential for future globalization, we can expect our interconnectedness to change.
The Future of Globalization
Shown by neon, shortages of necessities have created an attack on globalization that could result in less manufacturing efficiency.
An Alarming Banana Story
Threatened by a rapidly spreading fungus, our banana supply will have to change or it will massively shrink.
A China Trade Deal Update
Tariffs and trade deals can have unintended consequences. The Trump tariff war was not supposed to send jobs to China. However, Tesla responded in 2018 to China’s 25% retaliatory tariff on U.S. autos with a quickly completed plant in Shanghai.…