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The Economics of Everyday Things

111. Product Recalls

20 Oct 2025

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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. SOURCES:Chris Harvey, senior vice president at Sedgwick. RESOURCES:"FDA Advises Public Not to Eat, Sell, or Serve Certain Imported Frozen Shrimp from an Indonesian Firm," (FDA, 2025)."U.S. product recalls reach second-highest level in six years during 2024," (Sedgwick, 2025)."Lot Codes For Food Tracing: How Are They Used?" by Thomas Burke (Forbes, 2021)."How Globalization Challenges Safety In The Food Supply Chain," by Elliot Maras (Food Logistics, 2015). EXTRAS:"Recalls, Market Withdrawals, & Safety Alerts," (FDA)."Recalls & Public Health Alerts," (USDA)."Recalls & Product Safety Warnings," (CPSC)."Check for Recalls," (NHTSA). Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

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