Seeing where the rule of law is stronger can tell us why certain nations have more economic development and others sink under the weight of corruption.…
Six Small Facts About Globalization That Are Really Big
When we looked at Six Facts About Globalization, there was lots we did not say. So let’s add six more facts. Six (Small) Facts (That Have a Big Meaning) 1. The reefer plays a huge role in our g…
Why Avocados Have Become a Luxury Item
To understand why avocado prices are soaring, we start with California and Mexico and then end up with Chipotle and the Chinese Middle class.…
What Chipotle Says About Its Avocados
Investors have been told that Avocado prices are nudging food costs up at Chipotle. At the end of last March, aggressive demand and lower supply from California made avocados more expensive. In its mo…
Why It’s Now the Pits For Avocados
Although Fresh Direct did not really eliminate the avadcado pit, they could more accurately tell us that they were increasing avocado prices.…
The Mystery of the Disappearing Avocado
If your favorite veggie wrap no longer has avocado in it, you can ask your economist to explain avocado prices with supply and demand.…
The Travels of a Car Seat
With components that crisscross countries until they are assembled. our car seats are global because of incentives from NAFTA.…
The Surprising Tale of the Mexican Soda Tax
The surprising impact of the Mexican soda tax demonstrated that consumer and supplier responses can be unpredictable.…
The Human Side of Offshoring
Typical of offshoring decisions by manufacturing firms, Carrier Corporations’s Indianapolis plant is sending its jobs to Mexico.…
How the Trans-Pacific Partnership is About New Balance and Nike
Looking at tires, fashion and NAFTA, we can see the lost jobs opposition to free trade and the pro free trade response.…