WenkuinAnimal SpiritsThe World of Boba Tea — An Example of Monopolistic CompetitionBack in 2008, getting a cup of boba tea in Los Angeles was not an easy task. Now in 2022, there are areas in Los Angeles with ten boba tea…Dec 2, 2022Dec 2, 2022
WenkuinAnimal SpiritsThe Job Market is Blooming, but Why Can’t I Find a Job?“Right now, if you have a pulse, you will get hired,” a rough quote by Journalism Professor Gabriel Kahn from a few weeks ago. Indeed…Nov 7, 2022Nov 7, 2022
WenkuinAnimal SpiritsCPI of Transportation and a Relevant Discussion on Gas PricesThe Consumer Price Index, in simple terms, measures the change in prices in a basket of goods and services that consumers buy on a regular…Sep 9, 2022Sep 9, 2022