Why do surpluses drive prices down while shortages drive prices up? Why do the prices of goods and services go up and down over time? More precisely, why is the price of avocado these days higher than it was 6 months ago? Why is the price of SUVs and pickup trucks cheaper now than...
Why do surpluses drive prices down while shortages drive prices up? Why would firms accept a lower price if there is a market surplus? Why might a profit maximizing firm might pay its workers a higher than market wage; shouldn't they be trying to get workers as cheaply as...
with pundits claiming that China has slipped into a balance sheet recession, its demographic dividends have disappeared, or the Chinese economy has peaked. China indeed faces complicated economic scenarios, but these factors do not signal an economi...
metropolitan, city-regional, and national scales. These strategies and policies provoke a new understanding of urban politics in which democratic deliberation and experimentation occur (Keating and McEwen, 2005;Economist, 2014;Hazell, 2015;Polverari, 2015;Pa...
Over the years, we have dealt with changing payment systems, the rise of managed care, nurse shortages (and surpluses), vertical integration, and a host of process improvement and reengineering initiatives. While none of these changes has been easy, we have weathered them. And while those we...
Traders follow these inventory levels closely for clues about supply shortages or surpluses. If inventory levels drop, the market may be facing a shortage of zinc supply in the near future. This could lead to higher prices for the metal. Similarly, if stockpiling occurs and inventory levels ...
fluctuations caused by scarcity and gluts of essential foods; and the International Trade Organization. Such institutions could have balanced the tension between national regulation in pursuit of food sovereignty and trade policies to dispose of food surpluses under liberal trade policies (Friedmann,1990...
. This is likely to lead to substantial capital shortages, which in turn may necessitate fiscal reconstruction measures designed to reduce the large deficits (negative saving) of the government sector and may also lead to Japan running current account deficits rather than current account surpluses....
By 2011, universities were overwhelmingly in a financially strong position, with 70 institutions running operating surpluses, only ten having deficits and sector-wide cash reserves of £6.5bn (McGettigan, 2013). Fig. 2 shows the percentage changes in university total income and its components ...
9. I repeatedly see the US being more suspicious of Asian countries than European countries. Look at all the people who suggested China was a bigger threat than Russia, despite Russia obviously being far more aggressive. Look how we obsessed over big Japanese trade surpluses and ignored big Ge...