supply and demand

November 1, 2017

The Mystery of France’s Disappearing Butter

Recent headlines have said that France is suffering from a “Pastry Panic” and “Milk Fat Mayhem.” They also tell us that “Croissants are in Crisis” as […]

September 17, 2017

Fracking and India’s Guar Bean Bubble

Used in ice cream, India's guar gum is also so necessary for fracking that the rise of oil prices created a guar bean bubble.

August 25, 2017

Why Competitive Eating is About Much More Than Food

When Joey Chestnut guzzles 72 Nathan's hot dogs in 10 minutes, his competitive eating takes us to much more than food and entertainment.

August 22, 2017

When the Power of the Market Affects Commodity Prices

The results of the bet between biologist Paul Ehrlich and economist Julian Simon showed how the power of the market affects commodity prices.