While the history of Amazon Prime price hikes shows membership continued to grow, we can ask if a new increase will have the same impact.
Ranging from Argentina to Uganda, countries have banned e-cigarette sales. Elsewhere, hoping to minimize smoking, nations use e-cigarette taxes. The taxes though have had unintended consequences. Let’s take a look. E-Cigarette Taxes Globally, we have 30 countries that ban e-cigarettes…
Comparing consumer spending for higher and low income households, we might be surprised by which ones rebounded sooner.
When we look at where the world’s gasoline prices are high and low, we could be surprised with their affordability.
Because of events that range from football victories to electrical outages, birth rates can spike or fall nine months later.
When coffee drinkers hear that some prices at Starbucks will rise, their response will depend how how elastic their demand is.
This week’s economic news summary includes work week tradeoffs in France, new labor laws for the gig economy, and why price tags are disappearing.
Our economic news summary ranges from elasticity and a Berkeley soda tax to the minimum wage and the cost of living, to the power of the market and ivory.
Because Berkeley’s sugary drink tax has had little impact on price, researchers suggest that lawmakers insufficiently considered elasticity and incidence.