One of the curses of the Great Supply Chain Disruption of 2020 was the phenomenon known as “the bullwhip effect.” It describes a series of events by which relatively small issues at the beginning of a ...

From computer chips to chicken wings, the pandemic has led to shortages across the economy. One reason they’ve been so severe and so widespread is an economic phenomenon known as the “bullwhip effect.

The shocks of the pandemic economy gave us a bunch of enormous natural experiments, which helped to prove or disprove conventional economic thinking. Take, for example, the bullwhip effect, the idea ...