They say that once the genie is out of the bottle, the magic is over. Visitors to Disney World and Disneyland may soon feel that at least some of the enchantment of the Magic Kingdom has disappeared when they are asked to go to the…
“To wear a mask or not to wear a mask?”“To get the COVID-19 vaccine or not to get the COVID-19 vaccine?” These questions are politically charged in our society during this pandemic. Will the responses be different from an economics viewpoint? In economics, the concept…
Ford Motor Company and manufacturing partner SK Innovation recently announced plans to build four new manufacturing plants in Tennessee and Kentucky to produce electric vehicles and batteries. The $11.4 billion investment is the largest single investment in Ford’s history. The investment is expected to create…
Halloween is still weeks away, but retailers are sounding warnings that it may already be too late to buy an artificial Christmas tree this year! Indeed, artificial trees manufactured in China and other low wage countries in Asia could be a hot commodity this year.…
As housing prices in Canada hit new highs, questions are being asked about how much bigger the gap between incomes and home prices can be before there are major structural shifts in the economy. Like many cities in the United States, Canada’s big cities of…
Kelly Blue Book reported that Americans purchased a new car in July 2021 for an average of $42,736 versus $39,513 in July 2020. One of the key reasons for the increase in the price of new cars is the global shortage of semiconductors – a…
For those in the United Kingdom looking to enjoy the sweet taste of a McDonald’s milkshake, the wait is on. The fast-food giant that made the Happy Meal a part of many childhoods is facing an unusual situation. It has officially run out of milkshakes…
Swedish Pop group Abba has announced that they are releasing a new album and planning a series of virtual concerts in November of this year. Known for such hits as Dancing Queen and Money, Money, Money, the band was one of the top-selling pop groups…