Hoarding is never pretty, and rationing goods in response to hoarding is never pretty either. The eventual impact to manufacturers and retailers’ bottom lines? Well, that may be less that picturesque, too, if the laws of economics, supply and demand hold up. (And they will.)...
The Nobel Prize in Economics was awarded on Monday to economist Richard Thaler, whose research has centered on how markets are shaped by human nature and behaviors. In awarding the prize, the Royal Swedish Academy of Sciences said Thaler, a University of Chicago Booth School...
Much has been made about the state of diplomatic relations between China and the U.S. in the wake of Donald Trump’s election to the presidency. The disputes over Taiwan may rage on, but the fact remains that the two consumer-driven juggernauts are dependent upon one another...
We’re just days away from the launch of the iPhone 7 and iPhone 7 Plus, and yet, there are rumblings about whether supply can meet the demand. Some industry sources say that, if Apple keeps to the scheduled launch in the week of Sept. 5,...
March 16, 2020
Hoarding is never pretty, and rationing goods in response to hoarding is never pretty either. The eventual impact to manufacturers and retailers’ bottom lines? Well, that may be less that picturesque, too, if the laws of economics, supply and demand hold up. (And they will.) Coronavirus fears, long lines, misallocation of resources, stockpiling of a […]
December 13, 2016
Much has been made about the state of diplomatic relations between China and the U.S. in the wake of Donald Trump’s election to the presidency. The disputes over Taiwan may rage on, but the fact remains that the two consumer-driven juggernauts are dependent upon one another for markets, demand and economic livelihoods. How intertwined? Reuters noted earlier this week […]
January 21, 2015
Facebook has 1.35 billion users and is responsible for $227 billion in global economic impact and 4.5 million jobs, according to a report the social network commissioned from consulting firm...