The World This Week: 20th March
Aggregate Demand and Supply
We’ve heard about the toilet paper, but what else are people panic buying?
Since the deadly outbreak of Covid-19, there have been cases all over the world of panic-stricken consumers rushing to supermarkets and filling their trolleys with everything they can get their hands on. We’ve mainly heard […]
Consumer and Business Behaviour
Some Hidden Truths behind that “Made in the USA” label
A recent survey by the Department of Labor’s Wage and Hour Division revealed that some Southern California garment workers are earning as little as $1.58 per hour in what officials call “sweatshops.” These workers make […]
Consumer and Business Behaviour
America’s housing market: increased demand but no response from supply
The housing market in the US has had a strong rebound since the financial crisis of 2008. After house prices plummeted just over 10 years ago, the last decade has seen a strong and steady […]