Chicken Little is an Increasingly Rare Bird

Chicken Little is an Increasingly Rare Bird

Photo by Artem Beliaikin on Unsplash Production of boiler chickens (those raised for their meat, not eggs) in the US...
EVs: Driving Change at Convenience Stores

EVs: Driving Change at Convenience Stores

Photo by John Cameron on Unsplash The United Nation’s (UN) recent report on the impending changes the world is facing...
Who’s In The Driver’s Seat: The Changing Dynamics of Auto Production

Who’s In The Driver’s Seat: The Changing Dynamics of Auto Production

Photo by Possessed Photography on Unsplash If you were shopping for a new car during the pandemic or even just...
China’s Population is Declining – Too hot, too cold, or just nice for its Economic Development?

China’s Population is Declining – Too hot, too cold, or just nice for its Economic Development?

On Tuesday, January 17th, 2023, China’s National Bureau of Statistics released the country’s population data to be 1.41175 billion in...
The Externalities Effect of Child Firearm Fatalities in the States

The Externalities Effect of Child Firearm Fatalities in the States

A study published on July 8th, 2022 by the Kaiser Family Foundation (KFF) analyzed how gun fatalities among children and...
Why is Everything Getting So Expensive?

Why is Everything Getting So Expensive?

Prices on everyday products like groceries and diapers have increased dramatically in the last couple of years, with inflation often...
Understanding the U.S. Labor Market – A January 2023 Snapshot

Understanding the U.S. Labor Market – A January 2023 Snapshot

Photo by Luis Melendez on Unsplash According to the Federal Reserve Economic Data (FRED) website, April 2020 recorded the highest...
The New Economics of Car Production

The New Economics of Car Production

Photo by Dan Dennis on Unsplash Engineers working at some of American car maker Ford’s facilities in Europe might be...
Looming Water Crisis – What can YOU do to Conserve Water?

Looming Water Crisis – What can YOU do to Conserve Water?

www.britannica.com Looking at the droplet in the infographic, only 2.6% of the world’s water supply is fresh water, while the...
U.K. Economy Three Years after Brexit

U.K. Economy Three Years after Brexit

Photo by Jamie Street on Unsplash Brexit is the term used to mark the event when the United Kingdom (U.K.)...

Michael Coon

Moon Mining

President Trump recently signed an executive order in support of the US opening exploration of resources on the moon and asteroids. The move follows a 2015 US law allowing for American companies to own and sell resources extracted from space. Although there is some dispute over the legality of the move, the White House is moving forward with developing a legal framework dubbed the “Artemis Accords,” which would regulate operations and ownership of extracted resources.

Frites Market on the Fritz

Like many countries around the world, Belgium is fighting a battle against the COVID-19 virus. As part of social distancing, restaurants and bars are closing down or limiting service. As a result, much of the food that was destined to…

Stadiums Experiment with Lowering Food and Beverage Prices

The Tampa Bay Lightning announced they would be lowering prices on food and drink options in Amelie Arena for the 2020 season. Prices would be reduced by an average of 15 percent on 300 items, including alcohol. Some items (popcorn, bottled water, and soda) would be reduced in price by as much as 25 percent. Season-ticket holders would retain their additional 25 percent discount on top of those reductions.

Crisis Hits Farmers: Some face labor shortages, others face customer shortages

US agriculture is suffering major setbacks related to the Coronavirus outbreak. Stay-at-home orders have caused a significant decline in restaurant business, forcing many to temporarily close or cut down to pick-up and delivery service only. Additionally, airlines have been grounded, cruise ships are no longer leaving ports, theme parks have closed, and school has been cancelled. These and other hospitality-related businesses are major destinations for fresh fruits and vegetables. As a result, farmers have millions of pounds of produce they cannot sell. While some of it will be donated to food banks and shelters, much of it will simply be destroyed. Harvesting is much more expensive, and the product is perishable.

Breweries and Distilleries Produce Hand Sanitizer to Relieve Shortage

The global spread of the Coronavirus led to a surge in demand for a number of goods including toilet paper, disinfectant wipes, and hand sanitizer. Many people worried about future availability began stockpiling supplies for their family. Others began stockpiling to profit off of expected future prices. Many states enacted anti price-gouging laws to prevent profiteering, but shortages persisted.

In Vino Veritas…Ceteris Paribus

Prices for California wines are expected to drop to the lowest they have been in the past five years. Wine consumption in the US has consistently grown over the past 25 years. In preparation for continued growth, vineyards in Northern…

Organic Dairy Farmers in Decline

Sales of organic products in the US exceeded $50 billion in revenue for the first time ever in 2018. Organic sales have more than doubled since 2010. Despite this tremendous growth, small organic farmers are struggling, with market pressures coming…

Small Potatoes

In early December 2019, media outlets across the US warned of a potential French fry shortage in 2020. These warnings came after the US Department of Agriculture estimated that the total US potato output in 2019 would be 6.1 percent…