Posts Tagged ‘demand and supply’

  • Everyday economics and Uber

    How High Can a Taxi Fare Go?

    Dec 28, 13 • 2288 Views • No Comments

    Tough to get in rain, ice or snow, NYC cabs never seem to be around when I need them. That is what makes Uber such a great story. First used in San Francisco, the idea behind Uber was to make more rides available when city licensing codes prohibited it. Since......  [read more]

  • Negative Externality Church Bells

    Church Bell Economics

    Dec 27, 13 • 1506 Views • No Comments

    Irritated that church bells had been awakening them before 7 a.m., in 1879 a group of New Yorkers complained to the city Board of Health. They said the chimes violated Section 177 of the Sanitary Code and  endangered their health. Fast forward to 2013. A......  [read more]

  • almond demand and supply

    A Nutty Demand and Supply Story

    Dec 26, 13 • 3139 Views • No Comments

    Our almond story starts on the demand side in China with a name change. Just like apricot kernals, California almonds had been called xing ren until the apricot kernel growers accused the Americans of “deceiving consumers.” Trying to minimize a......  [read more]

  • coffee supply chain

    One Reason To Drink Coffee in China

    Dec 12, 13 • 3443 Views • No Comments

    How can you show your friends (in China) that you have ascended to your country’s middle class? Starbucks. First, some background… A 2010 BusinessWeek article on the world’s most caffeinated countries cited a connection between an......  [read more]

  • Used cooking oil as biofuel

    How Are French Fries and Airplanes Similar?

    Nov 27, 13 • 1144 Views • No Comments

    The same oil that fried your potatoes might have fueled your airplane. Correctly processed, biofuels made from used cooking oil burn 80% cleaner than fossil fuels. Just add to that the incentive of US subsidies, emission limits and carbon taxes and you have......  [read more]