America’s farm exports once anchored our global trade position—now they’re showing a growing weakness. The U.S. is on track to post its largest agricultural trade deficit ever, a $49.5 billion gap that reflects more than shifting numbers. It’s a warning light in[...]
Tag: Economics
Curio |
On This Day | Suspicious of Supply and Demand
We hear a great deal about supply and demand effecting the price of grain. This undoubtedly has a great deal to do with it, but it appears odd that the price of rye, for [...]Read More... from On This Day | Suspicious[...]
Commentary |
Zero-sum Thinking and the Labor Market
The economy young people face today no longer follows the predictable path of college, career, and homeownership. Instead, it feels like a high-stakes slot machine, where algorithms, rising costs, and shifting industries dictate outcomes. This uncertainty is feeding a zero-sum mindset—where success[...]
Curio |
Tallying the two channels of job losses from tariffs
Tariffs are often pitched as a way to bring factory jobs back home—but the math doesn’t hold up. New analysis suggests that current and proposed U.S. tariffs on Chinese goods could cost up to 3.4 million American jobs. Why? Because most trade[...]
News |
Oil prices rise as OPEC+ increases production
Oil prices are ticking upward again as OPEC+ announced another planned production hike—this time by 548,000 barrels per day in August. The move reflects confidence in global economic stability and builds on earlier increases aimed at reclaiming market share after years of[...]
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News |
Why a war in the Middle East hasn’t sparked an oil crisis
When Israel struck Iran this month, oil prices jumped 7% in hours—then something curious happened. Instead of the panic-driven surge that would typically follow Middle East conflict, prices quickly settled back down, now sitting lower than before the attack even began. This[...]
Curio |
What one town learned by charging residents for every bag of trash
When Plympton, Massachusetts faced a classic municipal headache—residents dumping so much trash they were bankrupting the town’s waste system—officials had to get creative. Instead of simply doubling fees and hitting everyone equally hard, they borrowed a page from economics textbooks and made[...]
News |
Trump postpones big tariffs against Canada and Mexico for one month
On Monday, President Trump announced a one-month delay in imposing hefty tariffs on Mexico and Canada, following commitments from both countries to tackle drug trafficking and illegal immigration. This pause comes after Trump implemented tariffs on China and signed new executive orders[...]
Curio |
The Economics of Canada’s Strategic Maple Syrup Reserve
Yes, it’s a real thing. Yes, there are real economic principles at work. Yes, you should read it. [...]Read More... from The Economics of Canada’s Strategic Maple Syrup Reserve