Posts Tagged ‘ceiling’

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    Israeli Cottage Cheese Boycott

    Jun 21, 11 • 123 Views • Demand, Supply, and Markets, Households, International Trade and Finance, Macroeconomic Measurement, Regulation, Thinking EconomicallyNo Comments

    News articles say that the Israelis are “cheesed off” and “curdled.” Angered by the soaring price of cottage cheese, a Facebook consumer group of 70,000 friends has agreed to stop buying it on July 1. The headline on the boycott page...

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    Putin’s Economics

    Apr 29, 11 • 106 Views • Demand, Supply, and Markets, Developing Economies, International Trade and Finance, Thinking EconomicallyNo Comments

    Our story begins during February when Russian Prime Minister Putin decided to freeze gasoline prices. Oil companies had a predictable response. They left. Following the money, they redirected their supply to higher prices elsewhere. The result? Russian...