With a May 2023 decision about animal welfare, the Supreme Court affected the supply and demand for pork bellies.
The Real Reasons That Prices Go Up
Looking at reasons for firms’ price increase decisions, we can precisely see what fueled inflation during the past two years.
Why Our Consumption Basket Matters
Naming inflation rates, the euro area and the U.S. each proclaim one number but depending on your consumption basket, there are many.
Why Breakfast Is More Expensive
While we can compare different countries inflation rates, the whopping size of breakfast inflation conveys the cost we each pay.
How Much We Care About Gas Prices
Including some surprises, our response to the spikes and dips of gasoline prices can affect regulatory policy.
Where You Don’t Want To Be a Trillionaire
We could say that repeatedly, Zimbabwe’s inflation rate is so high that their dollar cannot possibly be called money.
Why Are Egg Prices Scrambled?
At a 15-year low, the hen to human ratio in the United States is three. While the reason is the Avian flu, the bigger problem is egg prices. Egg Prices Egg prices are up 59 percent year over year, and…
How We’ve Responded To Rising Restaurant Prices
Because chains and smaller eating establishments have dealt with skyrocketing costs differently, restaurant prices were not the only remedy.
When the Price of Ice is a Problem
In West Africa, a road not yet built, sky high fuel prices, and the growing length of a fishing trip pushed up the price of ice. Today, we start with a small fishing boat and conclude with the world. The…