Ramen: the inferior good behaving like an… inferior good!

6 years ago

For a student of economics, one of the first concepts we learn about is the different types of goods. That…

Singapore to inject another US$3.6 billion into the economy as coronavirus cases spike

6 years ago

The government of Singapore has announced an additional US$3.6 billion to support the economy as the city state sees coronavirus…

Minimum wage in the UK increases by 6.2%

6 years ago

As of Wednesday this week, national minimum wage in the UK has increased by 6.2% for those aged 25 and…

Who ordered pizza? Everyone it seems! Papa John’s sales in the US are expected to be up 5.3% this quarter

6 years ago

With three out of four Americans now under some kind of lockdown, that is around 245 million people who now…

The cost of the coronavirus so far: $7 trillion and counting

6 years ago

Since the outbreak of Covid-19 in January this year, governments and central banks around the world have been spending trillions…

Orange juice is the new king of commodities: prices set to soar!

6 years ago

As consumers around the world look for any way they can to fend off the deadly coronavirus, drinking copious amounts…

US senate announces a $2 trillion fiscal stimulus

6 years ago

In response to the economic fallout from the spread of Covid-19 in the US, the Senate has passed a bill…