Economics

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Illustration of a couple in a kitchen reviewing reduced grocery spending after starting Ozempic-like GLP-1 drugs, per Cornell study.
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Cornell study links GLP-1 drugs like Ozempic and Wegovy to lower household food spending

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Households that start GLP-1 appetite-suppressing medications such as Ozempic and Wegovy reduce food spending within months, including at grocery stores and limited-service restaurants, according to new research from Cornell University based on linked survey responses and transaction data.

A fierce dispute has erupted among prominent economists over the invitation of Stefan Homburg to the Hayek Society's conference at the end of May in Münster. The retired professor is known for controversial theses questioning man-made climate change and equating COVID measures with Nazi Germany. The event will also award the Hayek Medal to Veronika Grimm.

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Researchers from the University of Bonn analyzed the Asian financial crisis's impact on Indonesian children, finding that soaring rice prices led to stunted growth and later obesity risks. The study, based on long-term household data, highlights how families cut nutrient-rich foods during crises. Effects were strongest in urban areas and low-education households.

Recent research highlights how simple pricing algorithms may drive up costs for consumers. The findings, originally published in Quanta Magazine, explain this phenomenon through game theory. The story appeared in Wired on November 23, 2025.

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The 2025 Nobel Prize in Economics went to Joel Mokyr, Philippe Aghion, and Peter Howitt for their research on innovation and creative destruction. Their work demonstrates how economies thrive by letting new ideas supplant old ones. For Mexico, it signals the need for a state that drives innovation while safeguarding the social fabric.

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