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December 26, 2014
A part of the money supply, currency wears out, is shredded and then recycled or destroyed.
December 26, 2014
How the Fed Solves the Old Money Problem

Part of keeping the money supply at the right level involves the Fed monitoring the paper money that enters circulation and recycling cash that leaves it.

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December 25, 2014
Santa's wages
December 25, 2014
How Much Would Santa Earn If We Paid Him?

If they tried to include the work that moms and dads do at home, national income accounting statisticians would have a tough time quantifying unpaid work.

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December 24, 2014
The everyday economics of increasing productivity.
December 24, 2014
What UPS Learned from Henry Ford

Because free shipping creates pressure on retailers to send parcels more cheaply, UPS has had to lower costs by increasing processing productivity.

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December 23, 2014
weekly economic news roundup and gasoline prices
December 23, 2014
Why New Jersey Has Lower Gas Prices Than California

Since gasoline prices vary in the U.S. because of different state taxes and wholesale crude, the impact on consumption expenditures also is different.

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December 22, 2014
Everyday economics and the cost of cheap parking.
December 22, 2014
The Seven Ways We Pay For Free Parking

Including congestion, wasted gas, time and emissions, cheap parking creates negative externalities that variable pricing of parking spaces can eliminate.

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December 21, 2014
December 21, 2014
How Music Affects Our Shopping Behavior

In a store or restaurant, music tempo is an atmospheric tool that firms engaging in monopolistic competition can use to increase customer spending and time.

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December 20, 2014
The econlife.com Weekly Roundup
December 20, 2014
Weekly Roundup: From Old Age to Old Signatures

Our […]

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December 19, 2014
everyday economics and Russian inflation
December 19, 2014
Why Russians Are Rushin’ to Buy Porsches

Rather than saving during tough economic times, the Russians are spending because the ruble is displaying fewer characteristics of money.

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December 18, 2014
Supply and demand explain why a Button Gwinnett signature sells for close to three quarters of a million dollars while John Hancock's is much less.
December 18, 2014
The Story of a Very Expensive Signature

Since Button Gwinnett left behind few letters and documents, supply and demand made them valuable to collectors of Declaration of Independence Signers sets.

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