If economics has its Unicorn, it would be the Giffen Good, the good that would seem to defy the Law of Demand. While economists have played around with Giffen Good scenarios, in reality, finding it is even more unlikely than sighting a unicorn.
You May Also Like
Editor's Pick
Trump’s latest Hollywood “hit” isn’t the kind you stream. Threatening to slap a 100% tariff on films produced in foreign countries, the president’s announcement...
Editor's Pick
We’ve been cautious about the uptrend phase off the April low for a number of reasons, including the lack of breadth support. While short-term...
Politics
In this week’s Friday Philosophy, Dr. David Gordon reviews The Woke Revolution: Up From Slavery and Back Again by H.V. Traywick, Jr., and finds...
Editor's Pick
Travis Fisher In the energy sector, 2025 was the year when we all realized we had outgrown our trousers. The flaws inherent in the systems...