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.)...

Equilibrium

Chicken Little is an Increasingly Rare Bird

Production of boiler chickens (those raised for their meat, not eggs) in the US has grown from just over 10 billion in 1970 to nearly 60 billion pounds in 2021. Additionally, the average chicken raised today is twice the size…

Drought and the Price of Rice in Italy

Northern Italy is in the midst of a severe drought. The region is home to the Po River, which flows from the Alps to the Adriatic Sea. Farmers in the area rely on the river to feed their crops. However,…

The Guac is Going to be Extra

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…

Onion Recall Across the US

The FDA has announced a recall of fresh whole onions as a result of a salmonella outbreak. The onions, imported from Chihuahua, Mexico have been traced to as many as 37 states around the US. In addition to onions found…

Timber! Lumber Prices are Falling

Recent data from the Bureau of Labor Statistics show that the average price level for consumers rose 5.4% over the past year. While some are expressing concern over rising inflation leading the economy to “overheat,” there is some evidence indicating…

The COVID Supply and Demand Shock

The COVID-19 pandemic caused some of the fastest, biggest shifts of supply and demand curves in history. In this episode of the Econ Café 2020/21 podcast, authors Michael Mandel and Sean Flynn explains what it all means. First, we talk…

Rockets’ Red Glare

As many communities canceled Fourth of July celebrations and fireworks shows, more Americans chose to celebrate at home. This shift from public celebration to private parties led to a significant increase in firework sales. Some areas reported a doubling of…