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.)...

Scarcity

Baby Formula Crisis!

Events leading up to the current baby formula crisis is summarized in the CNBC video released on June 15th 2022: In February 2022, the baby formula company, Abbott Nutrition, recalled and shut down its Michigan manufacturing plant – that produced…

Impact of COVID-19 in the Car Industry

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…

Head West, Young Man…Unless You Need Water.

In the face of climate change, droughts, and increased demand from urban/residential areas, the US Bureau of Reclamation is ordering farmers to significantly cut their water usage. A major source of water for the American West, the Colorado River has…

We’re Open, But…

If you’ve found yourself waiting for service at a bar or restaurant recently, you’re not alone. Across the country, widespread labor shortages are creating new headaches for the hospitality industry, arguably one of the harder hit industries during the COVID-19…

BBC: “Coronavirus: The Ski Resort Saving Snow for Next Season”

In Finland, the heat is on to save the 2019/2020 ski season. Following the closure of the ski resort in Levi as part of the shutdown ordered by the Finnish government in response to the COVID-19 pandemic, the resort decided to take action. Rather than allowing its most precious resource to melt, it decided to save the snow. With the goal of extending what had been an exceptional season because of significant snowfall, workers at Levi literally piled up the snow and covered it with specially designed blankets to insulate it. The plan is that instead of waiting for mother nature to dictate the start date of the 2020/2021 season, Levi will reopen its resort in October using its saved snow. While it is possible that the area will have received some snow by that time, it is typically early autumn. Workers are optimistic that by saving their most important resource, they will be able to recoup some of the losses incurred when the current season abruptly ended in March.

LAist: “Kobe Bryant Sneakers Are Worth Big Bucks: But Not Everybody’s Cashing In”

The tragic and unexpected death of Kobe Bryant has caused a large spike in demand for his autographed and game-worn memorabilia. Some collectors are choosing to hold on to their merchandise, while others are cashing out now and even trying to buy more so they can sell it at a higher price in the near future. This article explores the personal and economic incentives for holding on to rare memorabilia in a case like this.