Why We Have a Christmas Tree Shortage

Christmas tree prices are up this year and supply is tight. The most likely causes are the Great Recession and the weather. A third possibility, though, is a bit less evident. This is the story: The Christmas Tree Supply Where?…

An Unexpected Cost of Climate Change?

Our Wednesday Environment Focus By Madeleine Vance, guest blogger and student at Kent Place School; edited by Elaine Schwartz Global Warming has become more than just a threat to the environment. In the movie “Carbon Nation,” former army colonel Dan Nolan…

A Water Shortage During Brazil’s World Cup

A major source of Sao Paulo, Brazil’s water supply has shrunk. Down to 14.7% of its capacity, the Cantareira Basin supplies almost half the area’s water. With little rain until recently (and it’s the rainy season from December to March)…

Why Are Steak Prices Rising?

In 1918, a filet mignon at Delmonico’s Restaurant would have cost $1.65. That same item on their 2014 menu is $48.00. However, according to the BLS inflation calculator, if the price had remained the same, it would now be $25.56.…

The Cost of Conservation

By Madeleine Vance, guest blogger and student at Kent Place School. Saving water is supposed to allow us to cut down costs. For the drought-stricken city of Wichita Falls in Texas, this is not the case.  In 2013, Wichita Falls’s…

Peanut Butter Economics

Last year, we had a peanut shortage. As a result, Skippy raised its prices and Smucker’s removed its reduced-fat creamy peanut butter spread from supermarket shelves. But now, supply has responded. Predicting a record year, the USDA says the peanut crop will…