Drought and the Price of Rice in Italy
Image by Pascvii from Pixabay Northern Italy is in the midst of a severe drought. The region is home to the Po River, which flows from the Alps to the…
COVID-19 vs. Externalities – How does your choice affect me?
“To wear a mask or not to wear a mask?”“To get the COVID-19 vaccine or not to get the COVID-19 vaccine?” These questions are politically charged in our society during…
Economic Case Against Social Media’s Targeted-Ad Business Model
Photo by Brett Jordan on Unsplash Social media platforms like Facebook rely on a targeted-ad business model, which generates revenue by using detailed behavioral information to direct ads to individual…
Mining vs. Fishing in the Alaskan Wild
The Environmental Protection Agency has announced it will not move to delay the development of a gold and copper mine in Alaska’s Bristol Bay region, despite a report finding that…
Econ Everyday Classic: High Cashmere Prices Left in the Dust
Once a pinnacle of luxury clothing found only in high-end fashion stores, by 2006 cashmere sweaters, which typically sold for hundreds of dollars, could be found in big box stores…