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Public Goods and Collective Action: The Case of Global Vaccination Campaigns

Public vaccination campaigns don't quite meet the definition of a public good (anti-vaxxers easily reject them and cost can exclude populations of some nations) but most consider them one....
5 min read
Definition of Minimum Price
Definitions

Definition of Minimum Price

Saddique Ansari • January 28, 2020 • 1 min read

Author bio

Minimum price

A minimum price is the lowest price that can legally be set, e.g. minimum price for alcohol, minimum wage.

minimum price diagram

 

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The Role of Comparative Advantage in Global Supply Chains: Lessons from Semiconductor Production

The US has a comparative advantage in the design of semiconductor chips, but less so in the manufacturing and assembly phases. Political factors are returning the outsourced processes stateside, however....
4 min read

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