Discover how high prices and limited supply can lead to permanent demand reduction. Learn about demand destruction's impact ...

The edifice of economic theory constructed over the last two centuries, to an extent in the shadow of physics, has been refuted time and again.” — Michael Batty, Inventing Future Cities Everywhere you ...

One of the crucial aspects of international goods is their high price elasticity of demand, a concept that plays a significant role in determining the deleterious effects of tariff wars. The industry ...

On June 27, 2024, FERC accepted Midcontinent Independent System Operator Inc.’s (“MISO”) proposed tariff revisions that sought to implement a downward-sloping Reliability Based Demand Curve (“RBDC”) ...