“A Pennsylvania-based gas chain dropped its prices to $1.776 for the 4th of July, and economics educators now have a great clip for how price changes impact the quantity demanded #TeachEcon
https://t.co/r5zhgbQmCS”
The island nation’s transformation has caught the attention of economists and policymakers worldwide for its recent shift to a more market-based economic system.
UK's stubborn inflation fails to fall, turning up heat on BoE
British inflation defied predictions of a slowdown and held at 8.7% in May, putting yet more pressure on the Bank of England a day before it is expected to raise interest rates for the 13th time in a row.
Mama Mia! NYC rules crack down on coal-, wood-fired pizzerias — must cut carbon emissions up to 75%
New York City is even targeting beloved pizza pie in a bid to curb carbon pollutants — drafting new rules that would require pizzerias that use coal and wood burning ovens for decades to curb…
How Mexican Beer Conquered The American Beer Market
For more than a century the American beer market was dominated by domestic beers, but in the last couple of decades a new contender emerged south of the bord...
“The Airbnb collapse is real.
Revenues are down nearly 50% in cities like Phoenix and Austin.
Watch out for a wave of forced selling from Airbnb owners later this year in the areas hit hardest by the revenue collapse.”
The Legacy of the 2001 and 2003 “Bush” Tax Cuts | Center on Budget and Policy Priorities
The biggest tax policy changes enacted under President George W. Bush were the 2001 and 2003 tax cuts, often referred to as the “Bush tax cuts” but formally named the Economic Growth and Tax...