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More than other everyday grocery items, tomatoes have been hit by a triple whammy that pushed their prices way up.
Rather like the distant impact of the flutter of a butterfly wing, tin can demand can affect a Chunky Soup dinner.
Japanese cereals and potato chips are our perfect example of how a blockade of a global shipping chokepoint creates distant externalities.
The same since 1993, the federal gasoline tax might be suspended although the Highway Trust Fund needs the revenue.
As India's supply of Diet Coke plunges, households can the Iran War for the aluminum cans that can no longer be made.
Hello Everyone-
I’m Elaine.
Having been in the classroom for decades, written three books (and some of a fourth one), I like to think about economics everywhere all the time. Every day, I’ve added a blog to econlife—now it has been almost 14 years and more than 4,000 posts. I am delighted that you are here and hope we can have some economic fun together.