Posts Tagged ‘demand and supply’

  • Emerging Markets demand More MIlk

    More Expensive Ice Cream?

    Mar 13, 14 • 801 Views • No Comments

    Milk prices are going up. And yet, in the US, we are drinking less milk. According to Corey Geiger, managing editor of Hoard’s Dairyman magazine, one reason is oil. Countries in the Middle East with massive oil reserves have to import 90% of their......  [read more]

  • eggs California Regulatory Policy

    The California/Missouri Chicken Cage Disagreement

    Mar 6, 14 • 1482 Views • No Comments

    Sort of like coach or first class, most of the chickens that lay our eggs live in a battery or a colony cage.  In the typical cage called the battery, a chicken has 67 square inches. By contrast, colony cages are spacious enclosures. Equipped with perches......  [read more]

  • Greenhouse Gases from Ruminant Animals

    Why Are Steak Prices Rising?

    Mar 2, 14 • 1361 Views • No Comments

    In 1918, a filet mignon at Delmonico’s Restaurant would have cost $1.65. That same item on their 2014 menu is $48.00. However, according to the BLS inflation calculator, if the price had remained the same, it would now be $25.56. Including variable......  [read more]

  • Housing bubble and elasticity and factal math

    A New Cause of the Housing Bubble

    Feb 28, 14 • 1454 Views • No Comments

    In the 663 page report from the Financial Crisis Inquiry Commission (remember them???), the 2000-2011 real estate boom and bust is blamed on relatively predictable conditions. Just glancing at their chapter titles and conclusions, you can see that they blame......  [read more]

  • Everyday ecnomic and new kinds of cocoa beans

    One Reason That Chocolates Are More Expensive

    Feb 25, 14 • 1291 Views • No Comments

    In an econlife post from September 2013, we presented a spending ladder that emerging market nations like the BRICs–Brazil, Russia, India, China–might climb. At each rung, spending surges and then flattens at that higher level until consumers can......  [read more]