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The classical economics (Part I)
According to classical economics, prices are the result of the interaction between the quantities of a good supplied by the producers and those demanded by customers. However for tea, the process is a little different as it involves auctions. But in spite of this, I …
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Tea and Opium
For All the Tea in China: How England Stole the World’s Favorite Drink and Changed History by Sarah Rose To summarize it in a few words, this books is the story of how Robert Fortune stole the secrets of tea for the British East …
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What is Teaconomics?
This is indeed a good question and one that for now has no final or simple answer. I plan to post things related to the history and economics of tea (hence the name), be them stories about tea trading now and then, tea production, info …