The Farming Industry is Growing Up
Photo by Daniel Fazio on Unsplash Twenty years ago, the Netherlands set about on a mission to increase their agricultural production to sufficiently feed its population in the face of…
U.S. Government stepping in to avert nationwide Railroad Strike
Photo by Acton Crawford on Unsplash On Friday, December 2nd 2022, President Joe Biden signed into legislation to block a national U.S. railroad strike. A day earlier, the Senate voted…
How Budweiser Could Benefit From ‘Zero’ Sales at the World Cup
Photo by Poojitha Prasad on Unsplash As soccer fans gather in Qatar for the 2022 FIFA World Cup, one thing will be missing from the celebrations - beer. Typically, beer…
Taylor Swift Fans See Red
Photo by Omid Armin on Unsplash The intersection of supply and demand is perhaps one of the most basic elements of economic theory, and for disappointed Swifties, now likely a…
World Population hits EIGHT Billion!
On Tuesday, November 15th, 2022, the United Nations announced that we have 8 billion people on our beautiful planet Earth! Here are nine key messages from the UN’s World Population…
Voters Choose to Raise Minimum Wage and Expand Medicaid
Photo by Manny Becerra on Unsplash Voters in Nebraska, Nevada, and Washington DC took to the polls to raise minimum wages. Nebraska will raise their minimum wage from its current…
Inflation is Coming Down; I Can Feel it in My Bones
Photo by engin akyurt on Unsplash According to the Bureau of Labor Statistics, the all items Consumer Price Index (CPI) dropped from 8.2% in September 2022 to 7.7% for the…
What’s Driving the Price of New Cars?
Photo by Lance Asper on Unsplash Imagine yourself sitting in a brand new car. The dashboard is free of dust particles, the carpets are pristine, and the air is filled…
Meet Me in the Middle
Photo by Marvin Meyer on Unsplash When it comes to flying, most passengers have strong preferences over where they sit. Anyone who has flown on Southwest Airlines, which allocates seats…
Understanding the U.S. Labor Market – A September 2022 Snapshot
Photo by Martin Adams on Unsplash According to the Federal Reserve Economic Data (FRED) website, April 2020 recorded the highest unemployment rate during the COVID-19 pandemic at 14.8%. As of…