Posts Tagged ‘price’

  • Frittata with spinach and onion

    Should We Buy Local?

    Jun 21, 12 • 315 Views • No Comments

    I just finished an omelette with eggs and spinach from a nearby farm. It tasted good, I supported local business and I helped the environment. You could say that I had my cake (but it was spinach) and ate it too. But, here is the surprise. If you care about...  [read more]

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    The Oreo Centennial

    Dec 28, 11 • 440 Views • No Comments

    Next year, we can celebrate Oreo’s 100th birthday. First sold in 1912, Oreos have been priced at: 1922: 32 cents/lb. 1934: 27 cents/lb. 1960: 45 cents/lb. 1991: $2.39/lb. 2008: $4.29/18oz. 2011: $4.29/16.6oz. Amazingly, according to the Bureau of Labor...  [read more]

  • Peanut prices respond to demand and supply

    Peanuts or Cotton?

    Oct 12, 11 • 250 Views • No Comments

    Farmers decided to plant fewer peanuts when cotton prices soared. The result? Now peanut prices are skyrocketing. Here is the story. Perhaps it all began with higher cotton prices. Responding, peanut farmers switched some acreage to cotton. Combine that...  [read more]

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    The Value of a Price Tag

    Jan 8, 11 • 227 Views • No Comments

    Asking, “Do More Expensive Wines Taste Better?” a group of researchers decided to find out. They described the results of their study in a working paper for the American Association of Wine Economists (AAWE). The researchers introduced their paper...  [read more]

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    The Afghan Votes Market

    Sep 19, 10 • 214 Views • No Comments

    In Kunduz Province, the price of a vote was $15 while in Kandahar, it was closer to $1.  Do we have a market? Just like shoes or shirts, it appears that the price of an Afghan vote was determined by demand and supply. For the Afghan election, according...  [read more]