Although price gouging harms countless people after a disaster, its upside is the incentive to increase supply.
Bringing back memories of 1970s wage and price controls, in the U.S. and beyond, people are contemplating price caps to control inflation.
Obscuring the impact of inflation on products that range from cat food to coffee, shrinkflation has spread.
Through its twice-yearly Big Mac Index, The Economist shows us what we can learn locally and globally from burger economics.
Knowing that tomorrow is National Tooth Fairy Day, the Tooth Fairy could be smiling…but not for long. Like most childcare costs, the Tooth Fairy’s expenses have been rising recently. Cost of Children Tooth Fairy If the Tooth Fairy visited your…
Rather than objecting to some very high Springsteen ticket prices, fans should recognize the economic ideas that justify them.
Displayed by Argentina’s inflation, when a local currency plunges in value, the demand for U.S. hundred dollar bills skyrockets.
Seeing some prices start to slip downward, we can look for clues that indicate we are close to peak inflation.
Looking at global gasoline prices, we can see that what we spend for a gallon is much less than people pay elsewhere.