Ikea Archives - Econlife

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Weekly Economic News Roundup and cashless Sweden

What's Trending

How Sweden Feels About Cash

In an increasingly cashless Sweden, an Ikea cash-free store has created a positive response from management and many customers but not from everyone.

Whether looking at the price of food in Russia or at exports to Russia, supply and demand can explain price changes from the Russian embargo.

Impact of the Russian Trade Embargo on Ikea's Swedish Meatballs

Supply and demand explain the impact of the Russian embargo on goods in Russia and on the countries that export items to them like poultry and fish.

Economic History

Sweden, Ikea and Taxes

Our story starts when Ikea’s founder, Ingvar Kamprad, left Sweden during the 1970s. It ends with Sweden’s current finance minister saying that taxes were the reason. Associated with a more humane form of capitalism, Sweden was the prototype for the…