Econlife Quiz: Coffee

With coffee available on almost every street corner, the econlife team thought we would take a closer look at what we all need to know in our latest quiz.

What Do Coffee and Pencils Have in Common?

Our freshly roasted cup of coffee is the result of a coffee supply chain that depends on prices that create production and distribution incentives.

One Reason To Drink Coffee in China

How can you show your friends (in China) that you have ascended to your country’s middle class? Starbucks. First, some background… A 2010 BusinessWeek article on the world’s most caffeinated countries cited a connection between an emerging middle class and coffee consumption. With…

6 Drinks of Economic History

Combine “spirits,” beer, wine, coffee, tea and Coca-Cola and you get some interesting economic history. Spirits: In 1758, George Washington was elected to Virginia’s House of Burgesses. Some attribute his victory to entertaining his neighbors with 160 gallons of rum,…

Airline Mergers and Coffee

What to do when one airline uses a potent Starbucks bean, the other a weak Fresh Brew blend and they merge? After 14 months, Continental and United finally decided. Described in Bloomberg Businessweek, our story starts with a 14 member…

More Conspicuous (Coffee) Consumption

The same story. But now it is about coffee. Increasingly affluent, the Chinese have begun to drink more coffee (in addition to using more oil, eating more meat and buying more handbags). When talking about China, the International Coffee Organization…

Conspicuous (Coffee) Consumption

How can you show your friends that you have ascended to your country’s middle class? Starbucks. A recent BusinessWeek article on the world’s most caffeinated countries cited a connection between an emerging middle class and coffee consumption. With the demand for instant…