differences in household spending and inflation
Prices
The Inelastic Side of Inflation

We can see that our inflation concern has become inelastic when we look at the basic groceries that are more expensive.

Weekly economic news roundup and COVD-19 impact
Scarcity
The Problem With Predictable Surprises

Economists can explain and improve our inadequate disaster preparation for predictable wildfires, diseases, hurricanes, and earthquakes.

medical equipment supply
Trade & Comparative Advantage
The Impact of Export Curbs on Medical Equipment

When nations try to guarantee their domestic medical equipment supply through trade restrictions, the policy could backfire.

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