According to 2022 statistics, electric vehicle (EVs) sales have accelerated in countries that range from China to Norway.
How the Pandemic Changed Our Impulse Buying
Staying at home during the pandemic, we have shifted our impulse buying from the supermarket to our online shopping cart.
How the Pandemic Affected Peanuts and Butterflies
Very different under normal conditions, peanut butter and butterflies become rather similar during a coronavirus lockdown.
The Oyster, the Martini, and Happy Hour Economics
More than oysters and martinis, a Happy Hour at your favorite restaurant is really all about how supply and demand create more revenue.
The Problem With a Bendy Straw Law
The bendy straw was invented at the Varsity Sweet Shop in 1937. Where are we going? To why it’s tough to eliminate the bendy straw. But first some history… The Invention of the Bendy Straw Sitting at the Varsity Sweet…
Fracking and India’s Guar Bean Bubble
Used in ice cream, India’s guar gum is also so necessary for fracking that the rise of oil prices created a guar bean bubble.
Weekly Roundup: From Nibbling Nachos to Sipping Starbucks
Our everyday economics includes risk, externalities, purchasing power, complementary goods, capitalism, money supply, human capital, and innovation.
Chips and Cheese Insight
For complementary goods and services like cheese and chips, peanut butter and jelly or weddings and bridal gowns, their demand rises and falls together.
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.
The Unexpected Impact of Reusable Grocery Bags
Knowing that reusable grocery bags shifts consumer spending to more indulgent purchases, supermarkets can respond with new prices and product placement.