Teaconomics | The Economy of Tea

Dubai Tea Trading Centre

I just read something incredible, even if it isn’t really new: Dubai has opened in 2005 a Dubai Tea Trading Centre (DTTC). Check their website and you will see, it is not a crazy idea I had in my head.. To help you understand it, …

I know that after reading the title, I already lost half of my readers and that the other half will probably think that I am either sold to those you should not speak about or that I am totally crazy/out of my mind… …

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 …

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 …

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 …