Articles

Competing Solutions to a Lack of Competition

Michael Coon
7 March 2022

Over the last decade prices in the US for insulin has more than tripled, and is more than ten times the average price in other countries. More than 37 million people in the US have diabetes and many rely on…

Mexico’s Avocado Producers: Under Threat by Drug Cartels?

Veronica Horton
4 March 2022

As guacamole, avocados are a staple of tailgate parties and happy hours, and in recent years, avocado toast has become a trendy go-to breakfast. However, the small green fruit is generally not known to be at the center of an…

What the War in Ukraine Means for Your Economy?

Veronica Horton
1 March 2022

Vladimir Putin’s decision to invade the sovereign nation of Ukraine has shocked the world. Protests against Putin’s action have sprung up in major cities from New York to London and even in Moscow. World leaders have responded swiftly with punishing…

Amazon Prime – an example of price discrimination?

Sunita Kumari
21 February 2022

On Friday, February 18th 2022, the retail giant, Amazon is raising its “Amazon Prime” service rates for new customers from $119 per year to $139 per year. The increase also applies to the Amazon Prime Student memberships from $59 annually…

The Guac is Going to be Extra

Michael Coon
17 February 2022

The US has announced it is suspending all imports of avocados from the Mexican state of Michoacan. At the heart of the dispute is a reported threat against US plant inspectors who certify the produce for export. According to the…

We Have Record Profits, But We Still Need to Raise Prices

Veronica Horton
14 February 2022

Does it seem like there’s a disconnect between reports of record earnings by large companies and warnings from the same companies that they need to raise prices to cover their higher costs? Indeed, at the same time companies are telling…

The Citrus Market is Getting Squeezed

Michael Coon
10 February 2022

After years of declining demand, orange juice sales have hit their highest level since 2016. Health-conscious consumers, who had previously shied away from OJ due to concerns of its high sugar content, are turning back to the drink because of…

U.S. Government Debt hits $30 Trillion!

Sunita Kumari
8 February 2022

On Tuesday, February 1st 2022, the U.S. Treasury Department published the total public debt outstanding hitting $30 trillion dollars! This includes the increased in spending by the U.S. government in addressing the nation’s economic plight from the global COVID-19 pandemic.…

Murano Glass vs Expensive Gas

Michael Coon
3 February 2022

In the face of rising natural gas prices, many of Murano, Italy’s world-famous glass artists are shutting down their furnaces. Artisans on the small island have been making glass for centuries, but some are beginning to question how much longer…

Chicken Little is an Increasingly Rare Bird

EVs: Driving Change at Convenience Stores

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

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

The Externalities Effect of Child Firearm Fatalities in the States

Why is Everything Getting So Expensive?

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

The New Economics of Car Production

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

U.K. Economy Three Years after Brexit