111. Product Recalls

111. Product Recalls

Published on Oct 20
22分钟
The Economics of Everyday Things
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<p>Every year, thousands of products are recalled from store shelves. How does the process work — and who foots the bill? Zachary Crockett gets a refund on his frozen shrimp.</p><p> </p><ul><li><strong>SOURCES:</strong><ul><li><a href="https://www.linkedin.com/in/chris-harvey-44028944/">Chris Harvey</a>, senior vice president at Sedgwick.</li></ul></li></ul><p> </p><ul><li><strong>RESOURCES:</strong><ul><li>"<a href="https://www.fda.gov/food/alerts-advisories-safety-information/fda-advises-public-not-eat-sell-or-serve-certain-imported-frozen-shrimp-indonesian-firm">FDA Advises Public Not to Eat, Sell, or Serve Certain Imported Frozen Shrimp from an Indonesian Firm</a>," <i>(FDA,</i> 2025).</li><li>"<a href="https://www.sedgwick.com/press-release/u-s-product-recalls-reach-second-highest-level-in-six-years-during-2024/">U.S. product recalls reach second-highest level in six years during 2024</a>," <i>(Sedgwick,</i> 2025).</li><li>"<a href="https://www.forbes.com/sites/thomasburke/2021/02...