Sunday, December 12, 2021

Real World Economics: Inelastic demand means never having to say ‘I’m sorry’ –

A problem tooth started it all. Anchoring a bridge, but in too poor a condition to be saved, a possible implant replacement by a specialist was needed. A referred periodontist was "out of network," so I sought an M.D. "oral and maxillofacial surgeon" who gave me excellent care eight years ago.

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Publisher: Twin Cities
Date: 2021-12-12T15:41:27 00:00
Twitter: @pioneerpress
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Meat packers' profit margins jumped 300% during pandemic - White House economics team |

WASHINGTON, Dec 10 (Reuters) - Four of the biggest meat-processing companies, using their market power in the highly consolidated U.S. market to drive up meat prices and underpay farmers, have tripled their own net profit margins since the pandemic started, White House economics advisers said.

Publisher: Reuters
Date: 2021-12-10T21:20:17Z
Author: Andrea Shalal
Twitter: @Reuters
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Twitter: @FinancialTimes
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An economics major delves into global mysteries - Stanford Report

One of her first courses at Stanford involved getting to know Sam Spade, Sherlock Holmes and Chief Inspector Chen in " The Detective and the City ," a seminar taught by Frederick Stout, a lecturer in the Urban Studies Program in the School of Humanities and Sciences.

“It's really wonderful to use an academic lens to see what separates the good from the great mysteries,” Thiagarajan said. “The class was a wonderful way to engage with material I love and carve out some time to read in my busy schedule.

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Publisher: Stanford Report
Date: 2021-12-09T03:59:59-08:00
Author: Stanford University
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Summer heat, economics putting a strain on Christmas tree supply | KNKX Public Radio

As his kids splash in a puddle, Heller explains that they came from Lynnwood, hoping for something in the 7- to 8-foot range. They're not finding it here.

"There are a lot of short trees. So, it looks like they've either been picked clean or running low," he said.  

Publisher: KNKX Public Radio
Date: 2021-12-09T13:00:00
Author: https www knkx org people bellamy pailthorp
Twitter: @knkxfm
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The economics of a new China-Laos train line | The Economist

I N THE LATE 1860s, French sailors who had set off from Saigon to find the source of the Mekong river encountered the precipitous Khone Falls between Laos and Cambodia, and realised that the waters would be impassable for larger trading vessels.

On December 3rd, at long last, a portion of those aspirations was realised. A high-speed rail line connecting Kunming to Vientiane, the capital of Laos, was opened after five years of construction.

Publisher: The Economist
Twitter: @TheEconomist
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Economics in Brief: Kellogg Union Workers Reject Tentative Deal

Striking Kellogg's workers Michael Rodarte, Sue Griffin, Michael Elliott, Eric Bates and Mark Gonzalez stand outside the Omaha, Neb., cereal plant Thursday, Dec. 2, 2021.

Kellogg said it will permanently replace 1,400 workers who have been on strike since October, CNN Business reports , after the union overwhelmingly rejected a proposed labor deal.

Twitter: @NextCityOrg
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UW-Superior economics students present research at Wisconsin Economics Association Annual

"This event provided the opportunity for our students to listen to professional presentations and learn advanced economic research methods," said Dr. Praopan Pratoomchat , assistant professor of economics and Wisconsin Economics Association secretary.

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Publisher: All In Wisconsin
Date: 2021-12-09T13:42:15-06:00
Author: https www wisconsin edu all in wisconsin author jmoore
Twitter: @UWSystem
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The economics of the coaching carousel - Yellowhammer News

As the college football regular season winds down, the coaching carousel heats up. So far in 2021, 28 of 130 FBS programs have had coaching changes. Coaching decisions illustrate some elements of economic and business decisions generally. Perhaps unexpectedly, imagination plays an outsized role.

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Publisher: Yellowhammer News
Date: 2021-12-12T20:00:45 00:00
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University offers new dual degree program in agricultural science and economics | University of

Alfalfa grows in a field in northern Nevada. The new dual-degree program in agricultural science and economics is aimed at growing the state's ag industry. Photo by Robert Moore.

In order to succeed in agriculture, producers not only need to understand the science of growing crops and animals, but also the economics of running a business – fixed and variable costs, return on investment, price fluctuations, food markets and more.

Publisher: University of Nevada, Reno
Twitter: @unevadareno
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