#economics

#economics

The cost of a hamburger at the first McDonald's in 1955 was priced at $0.15, marking the beginning of an era of affordable fast food.

Scaring the immigrant population into not feeling safe enough to work will lead to a complete destruction of our landscape and construction industries.

The head of Nato indicated that all 32 members agreed to increase military spending significantly, raising concerns about the attendant costs for social and environmental programs.

The human complex relationship with gold stems from its unique properties and historical significance, making it a focal point for economic and cultural activity throughout time.

A report from Sweden's NIER shows immigrants contribute more to the economy than those born in Sweden, particularly with notable variations among different origin countries.

Cotton is so pretty at harvest time,

If you go to the bar and there are, like, little dishes of wasabi peas out, recession! You're f***ed.

In a first-price sealed-bid auction, bidders are incentivized to shade their bid—that is, to offer less than what they consider the object's true value to avoid overpaying.

Hanke's expertise has garnered him international recognition, allowing him to navigate dangerous political landscapes while characterizing himself as a classical liberal economist.

The first book of economics I read was The Serviceberry by Robin Wall Kimmerer. The point of this beautifully written, small book is that different concepts of economies exist.

Hearing that the prosecutors wanted a 12-year sentence for Farid was very painful. It took me back to my sentence where the prosecutor wanted nine years' imprisonment for me.

The U.S. penny's production cost has reached nearly 4 cents, leading the Mint to announce a halt in penny production after existing stocks are depleted.

California drivers face a staggering 60 cent state tax, making their pump price $4.88—a notable $1.73 above the national average.

Retail sales volumes came in better than expected in April, largely due to very strong food sales, fuelled by warmer weather and earlier barbecuing.

Sudan's army may shut down oil export facilities for South Sudan, threatening its economy reliant on oil revenue amid ongoing civil conflict.

In a recent paper, professor Michael Miche of USC predicted that the impact could be gasoline prices of over $8 a gallon.

Money serves multiple crucial functions in the economy, acting as a medium of exchange, unit of account, and store of value, thus facilitating trade efficiently.

"There's no one story. As an author, it would've been nice if there was a very simple story to tell... But you see people getting out of poverty while moving to the city..."