While ascending food prices could encourage us to buy less of certain breakfast items, the impact of coffee inflation could be different.
Looking at the Philadelphia sugary drinks tax, we would find it did not accomplish many of its goals in three major categories.
When coffee drinkers hear that some prices at Starbucks will rise, their response will depend how how elastic their demand is.
Hoping to control Hamilton’s ticket prices, the show’s producers are waging a war against the bots and scalpers that distort supply and demand.
While it is relatively easy to measure how much alcohol consumption varies among countries, identifying a direct economic impact is much tougher.
New York City just proposed another hike in the price of cigarettes. Instead of the $10.50 minimum, a pack might soon cost no less than $13.00. Historically high, NYC’s cigarette tax should remain the most potent in the country. Yes? Perhaps.…
Our everyday economics includes developing nations, human capital, environment, behavioral economics, consumer spending, health care,incentives & sin taxes.
Deciding whether they want revenue, prohibition or smuggling, lawmakers have to decide how high to make sin taxes on items like cigarettes.