At $4.25 Per Dozen, Eggs Are Still Very Underpriced

We’ve taken them for granted for centuries

Image created by the author with Ideogram.

Let’s talk eggs.

I’ve said for years, “I can’t believe how cheap eggs are.” A random observation, I know, but as an economist who eats at least 4 eggs daily, I couldn’t help but notice it.

The price always seemed to defy the laws of supply and demand.

· The Multitasking Egg
· Price Per Macro
· Meals Per Dozen
· When Adjusted for Inflation, We Aren’t That Far Off
· Thoughts?
· Sources and Links Mentioned

My perspective on eggs is likely a bit skewed from the average consumer. In economics, you’d say I have an inelastic demand for eggs. An increase in price, to me, has little to no effect on how many I will buy.

IDGAF about the price of eggs. (Image created by the author, obviously)

Regardless of how I feel about the price of eggs, the economics behind them more than support the idea that we’ve been getting an awesome deal on these for centuries, but that’s possibly coming to an end.