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.)...

Externalities

To the Moon and Back

Two companies, Lunar Outpost and AstroForge, just received a combined $25 million to develop technologies for off-Earth mining. Lunar Outpost is developing lunar rovers to retrieve minerals from the Moon. AstroForge is looking to mine elements from near-earth asteroids. The…

Murano Glass vs Expensive Gas

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…

Why the Markets Need a Strong Government Hand

The late Milton Friedman once quipped that if the federal government were put in charge of the Sahara Desert, there would be a shortage of sand within five years. Similar skepticism about government led President Ronald Reagan to say in…
EconCafe 2020/21 Coffee Cup with embedded graph logo

Podcast: The Economics of Vaccines

This podcast is being recorded early in January 2021. The vaccines are starting to roll out slowly across the country, offering some hope that this pandemic will be moderating soon. So we decided it’d be a good idea to talk…

Econ Everyday Classic: The Band Plays On

DC street band, Spread Love, plays regularly on the corner of 15th St. and New York Ave, situated nicely in the heart of DC’s tourist district, near Lafayette Square and the White House. People walking past the band on their…

Costs and Benefits of Solar Powered Cars

A new start-up company has developed an electric car that charges while you drive. The German company, Sono, largely funded development of the car through crowdsourcing. The vehicle is almost entirely covered with solar panels, which allows the car to…