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With inflation, our expectations can create a self-fulfilling prophecy when our future predictions change our current behavior.
When we think about improving an ecosystem, we can recognize the value of the environment by quantifying the beaver's contribution.
To reduce traffic congestion, one surprising cause can be added to inadequate mass transit and population sprawl.
Connecting economics, current events, and history, this week's economic news roundup ranges from global pension systems to tequila.
Concludng our March e-links, we continue to focus on Trump trade policies with several must-read articles.
Having a surprising impact on Canadian and Mexican imports, the Trump tariffs will even hit toilet tissue.
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.