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With new trade incentives, China's increased demand for dairy product subsidies from its new child policy won't support U.S. firms.
Connecting economics, current events, and history, this week's economic news roundup ranges from beavers and inflation to home runs.
Starting our April 2025 e-links, we begin with an idea for a business plan from Melissa McCarthy that will make us smile.
Looking at tariff history, we can see why the benefits of trade and the downside of protection can both be invisible.
Looking at baseball economics, we can ask if the extra home runs that players are hitting will be good for the game.

Hello Everyone-
I’m Elaine.
Having been in the classroom for decades, written three books (and some of a fourth one), I like to think about economics everywhere all the time. Every day, I’ve added a blog to econlife—now it has been almost 14 years and more than 4,000 posts. I am delighted that you are here and hope we can have some economic fun together.









