If Oil Prices Are Falling, Why Are Gas Prices Still So High?
Photo by Yassine Khalfalli on Unsplash Trying to keep up with the ups and downs of the global oil market these days is a challenge. After rapidly rising to their highest price in…
Is Now the Time to Buy an Electric Car?
Photo by John Cameron on Unsplash Electric vehicles or EVs as they’re often called, have been around for a while, but for many people, the economics of owning an EV haven’t made sense.…
Big Techs with Antitrust Concerns
The CNBC video provides a succinct summary of why and how antitrust laws were enacted by the U. S. Congress to promote fair competition and to protect consumers from predatory…
Time to Curb Inflation Following the Phillips Curve?
Photo by Nattanan23 on Pixabay.com According to the Bureau of Labor Statistics, the all items Consumer Price Index rose 7.5% for the 12 months ending January 2022 – the largest…
Competing Solutions to a Lack of Competition
Photo by Towfiqu barbhuiya on Unsplash 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…
Mexico’s Avocado Producers: Under Threat by Drug Cartels?
Photo by Brian Wangenheim on Unsplash 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…
What the War in Ukraine Means for Your Economy?
Image by Alexey Hulsov from Pixabay 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…
Amazon Prime – an example of price discrimination?
Photo by Tumisu on Pixabay.com 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…
The Guac is Going to be Extra
Photo by Isabella and Zsa Fischer on Unsplash.com The US has announced it is suspending all imports of avocados from the Mexican state of Michoacan. At the heart of the…
We Have Record Profits, But We Still Need to Raise Prices
Photo by fernandozhiminaicela on Pixabay.com 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…