I was recently disheartened by the news that Mexican Cocoa-Cola would soon be switching over from sugar as a sweetener to High Fructose Corn Syrup, like the American counterpart. The story of how Mexican Coke became popular on American shelves in a great lesson in adverse side effects and the power of market choice. Of…
In the 1980’s and ’90s, rising crime, dilapidated streets, and a perception that police alone could not keep the streets of America safe led a few cities to take matters into their own hands. In cities such as New York, Los Angeles, Chicago, and Detroit, business and property owners banded together to form umbrella organizations…
Photo by pezhore 1. Standard Oil Co. Inc. Standard Oil Co. Inc. was an American oil producing, transporting, refining, and marketing company. Established in 1870 in Ohio, it was the largest oil refiner in the world. In the kerosene industry, Standard Oil replaced the old archaic distribution system with its own modernized vertical system. It…