Facing war, wild fires, draught, and port blockages, the world wheat supply will have difficulty compensating for shortages.
When Is Amazon Prime’s Price Too Pricey?
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.
A Simple Explanation of Wacky Oil Prices
Looking at a crude oil matchmaker, production, and consumption, we can simply explain the below zero April oil price plunge.
What An Economist Says on Valentine’s Day
Looking at an economist’s Valentine, we would find production possibilities, inelasticity, marginal returns, and also some poetry.
How Women and Men Respond Differently to Gender Branding
Like other firms that try gender branding, the makers of Chick Beer discovered that women responded differently from their male customers.
The Value of the Brands We Love the Most
Adding to the value of a good or a service, firms in the top 15 global brands like Apple and Amazon have our loyalty by distinguishing what they produce.
The Reasons That Airlines Boost Fees Rather than Fares
When the rising price of fuel boosts airlines’ costs, they can buoy their bottom line by increasing optional and barely noticeable fees or raising fares.
Weekly Roundup: From Raisin Reserves to Greek Bank Reserves
Our everyday economics includes inelasticity, supply, regulation, entitlements, subsidies, healthcare, innovation, price floor, monetary policy, euro zone.
A New Way to Calculate Drug Prices
Rather than the market system, several doctor suggest that cancer drugs can be priced using variables based on value that include toxicity and efficacy.
How We Respond to Higher Taxes
Recent academic studies show that by lowering individual income taxes and eliminating certain business taxes, Kansas’s new tax cuts can boost its economy.