Christmas is one of the largest holidays on Earth, if not the largest. Although many religions, such as Judaism, observe other traditions, such as Hanukah, it has become increasingly common for families to partake in multiple celebrations. Interestingly, the rise in popularity of Christmas is less about its original Christian significance – namely to remember the birth of Jesus Christ – and more about its unique way of gift-giving … Continue reading The Christmas money machine

Coffee has become an indispensable drink throughout the world – over 2.25 billion cups of coffee are consumed across the globe every day. The coffee industry provides tens of millions of jobs for many, from manufacturing and producing the coffee and coffee beans, over 90% of which takes place in developing countries in regions such as South America, to selling the coffee in stores. In … Continue reading The Economics of Coffee

“They say Formula One is a market, which it can’t be, obviously. Our market is independent – it’s a sport.” – Bernie Ecclestone Overview With over 75 million people tuning in to watch each riveting race, Formula One (F1) is by far the most popular racing league worldwide. The season usually runs from March to November, with races occurring on a bi-weekly basis. Formula One … Continue reading Fueling Fortunes: The Economics of Formula One