Posts Tagged ‘bananas’

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    Banana Worries

    Jan 9, 11 • 105 Views • Demand, Supply, and Markets, Developing Economies, Economic History, International Trade and Finance, Thinking EconomicallyNo Comments

    The banana could be in trouble. According to a New Yorker article and video, a devastating banana fungus has struck banana plantations in Asia, Australia and the Pacific. We should note, though, that we are referring only to the Cavendish banana. Did you know...

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    Big Boxes

    Dec 15, 10 • 102 Views • Demand, Supply, and Markets, Developing Economies, Economic History, Economic Thinkers, International Trade and Finance, Macroeconomic MeasurementNo Comments

    What we ship things in makes a difference. Take the banana, for example. In 1876, at the Philadelphia Centennial Exposition, the banana was a delicacy (and very black). Millions of bunches could only be sent to U.S. shores if they were refrigerated. By 1901,...

  • Pleasing Ricardo

    Dec 24, 09 • 104 Views • Thinking EconomicallyNo Comments

    During the 1990s, ignoring the protests of horrified Italian cheesemakers, the US placed a tariff on Pecorino cheese. The reason was bananas. Favoring their former colonies, the EU taxed bananas coming from all other Latin American countries that were grown...