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…
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…
The Citrus Market is Getting Squeezed
Photo by: RaquelxBaires After years of declining demand, orange juice sales have hit their highest level since 2016. Health-conscious consumers, who had previously shied away from OJ due to concerns…
Murano Glass vs Expensive Gas
Photo By: kaijaalioglu from Pixabay.com 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…
The Rising Price of Bread in Turkey: Daily Life in a High Inflation Economy
Use this link to view a short video "The price of a Turkish breakfast staple has risen 40%" from BBC.com Inflation might just be the new buzzword for 2022. As…
Record Sales!
Photo by Raphael Lovaski on Unsplash Over the past year, several world-famous musicians have sold their music catalogues for hundreds of millions of dollars. Most recently, Bruce Springsteen sold his music rights to…