econlifeeconlifeeconlifeeconlife
  • ABOUT
  • ECONOMIC IDEAS
    • Behavioral Economics
    • Business
    • Demand and Supply
    • Economic Growth
    • Economic Systems
    • Entitlements
    • Human Capital
    • Money and Banking
    • Productivity
    • Scarcity
    • Taxes and Spending
    • The Market System
    • Trade & Comparative Advantage
    • Tradeoffs
  • ECONOMIC THINKERS
    • Adam Smith
    • Alfred Marshall
    • Daniel Kahneman
    • David Ricardo
    • Friedrich Hayek
    • Gary Becker
    • John Maynard Keynes
    • John Stuart Mill
    • Joseph Schumpeter
    • Karl Marx
    • Milton Friedman
    • Thomas Malthus
    • Thorstein Veblen
  • ECONOMIC HISTORY
    • Business Cycles
    • Development
    • Finance
    • Industry
    • Transportation
  • WHAT’S TRENDING
    • Airline Industry
    • Competition
    • Developing Economies
    • Education
    • Entertainment
    • Environment
    • European Union
    • Food
    • Food and Drink
    • Food and Entertainment
    • Gender Issues
    • Healthcare
    • Immigration
    • Income Inequality
    • Income Transparency
    • Innovation
    • International Trade
    • Norway
    • Perspectives
    • Presidential Economics
    • Presidential Election
    • Sports
    • Technology
    • Weekly Roundup
✕
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.

Do you like it?
Read more
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.

Do you like it?
Read more
December 17, 2014
everyday economics and Christmas music
December 17, 2014
The Dow of Christmas Music

Like the Dow Industrial Average, the list of top Christmas music from Spotify, iHeartMedia and Billboard compose a large market that is big business.

Do you like it?
Read more
December 12, 2014
Renewable energy and conventional energy at odds
December 12, 2014
Dynamic Pricing: How To Lower Your Electric Bill

As monopolies, electric utilities have the pricing power that lets them offer dynamic pricing through smart meters but supply and demand will change slowly.

Do you like it?
Read more
December 10, 2014
economic policy uncertainty
December 10, 2014
A Reason For Economic Uncertainty

Combining the continuing resolution and 11 of 12 omnibus spending spending bills, a fiscal policy compromise could avoid government shutdown.

Do you like it?
Read more
December 8, 2014
Weekly Economic News Roundup and pregnancy discrimination
December 8, 2014
Why Pregnancy is a Labor Force Issue

With women's labor force participation rate having soared during the past 50 years, firms' attitude toward pregnancy has become a job discrimination issue.

Do you like it?
Read more
December 7, 2014
Everyday economics for food research and development is important for the GDP.
December 7, 2014
Fries and Chips: Potato Stories

When firms use research and development (R&D) for french fries and potato chips they create a springboard that Harvard's Clayton Christensen explains.

Do you like it?
Read more
December 5, 2014
December 5, 2014
Is Google the New General Motors?

Tough to see now, General Motors was once an auto industry innovative economic pacesetter, with many of the characteristics we associate with Google.

Do you like it?
Read more
December 4, 2014
Everyday economics of using cash
December 4, 2014
Who, How and When We Use Cash

Although coin and currency are costly to transport and secure, still, cash is a key component of the money supply that people use for low value payments.

Do you like it?
Read more
December 2, 2014
Everyday Economics for female and male bosses
December 2, 2014
Choosing Between Male and Female Bosses

Resulting in gender job discrimination and talent underutilization, past practice shapes future preference when choosing men as bosses and athletic coaches.

Do you like it?
Read more
December 1, 2014
Weekly Roundup and pricing power and Amazon
December 1, 2014
How Uber and Amazon Use Pricing Power

Displaying some pricing power, dynamic pricing on Amazon, for airlines, Uber and elsewhere recognizes and responds to changes in demand to maximize profits.

Do you like it?
Read more
November 26, 2014
Everyday economics of an OPEC myth
November 26, 2014
Why OPEC is Not as Powerful as You Think

The power of OPEC as a cartel that controls oil prices through quotas on its members might be a myth.

Do you like it?
Read more
Load more

CATEGORIES

CATEGORIES
  • Adam Smith
  • Airline Industry
  • Alfred Marshall
  • Ask Alexa
  • Behavioral Economics
  • Business
  • Business Cycles
  • Competition
  • cost and benefit
  • Daniel Kahneman
  • David Ricardo
  • Demand and Supply
  • Demand, Supply, and Markets
  • Developing Economies
  • Development
  • e-links
  • Economic Growth
  • Economic History
  • Economic Ideas
  • economic systems
  • Economic Thinkers
  • Education
  • Entertainment
  • entitlements
  • Environment
  • European Union
  • Finance
  • Financial Markets
  • Fiscal policy
  • Food
  • Food and Drink
  • Food and Entertainment
  • Friedrich Hayek
  • Gary Becker
  • Gender Issues
  • Government
  • Healthcare
  • Households
  • human capital
  • Immigration
  • Income Inequality
  • Income Transparency
  • Industry
  • Innovation
  • International Trade
  • John Maynard Keynes
  • John Stuart Mill
  • Joseph Schumpeter
  • Just Ask Jenna
  • Karl Marx
  • Labor
  • Learn
  • Macroeconomic Measurement
  • Macroeconomics
  • Microeconomics
  • Milton Friedman
  • Minimum Wage
  • Monetary Policy
  • Money and Banking
  • Norway
  • Perspectives
  • Presidential Economics
  • Presidential Election
  • Prices
  • productivity
  • Quizzes
  • Regulatory Policy
  • Scarcity
  • Sports
  • Taxes and Spending
  • Technology
  • The Market System
  • Thomas Malthus
  • Thorstein Veblen
  • Trade & Comparative Advantage
  • tradeoffs
  • Transportation
  • Travel
  • Uncategorized
  • Weekly Roundup
  • What's Trending
econlife
Please send your questions, comments, suggestions, and any stories that connect economics with everyday life to elaine@econlife.com.

Latest Posts

Learn

Just Ask Jenna

Glossary

Contact 
©2026. Econlife. All rights reserved.