Tag: supply and demand
Scarcity, Supply and Demand
Nothing is more central to a subject than Supply, Demand, and Scarcity are to Economics. The entire field is based upon these...
The Economy for Everyone, not just the Rich
An interesting question was posed to me recently: “How does our economy work for everyone, not just the rich?” While they COULD...
The Price of Lettuce
Why does a head of iceberg lettuce cost $1.28 (here in TX,
today)? Why is it not $.25? Why not $5?
Why does a...
