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When comparing wages, a Big Mac and a Starbucks tall latte can come in handy as globally identical products.
Through the use of anchors that influence what consumers buy, retailers' pricing strategy can be more effective.
While gender norms encourage husbands to earn more than their wives, looking more closely reveals it's not that simple.
Knowing that millions of people taking weight loss drugs will be less hungry, food makers are working on new recipes.
Updating Mission 300, we can see the progress with African electrification made by the World Bank and the African Development Bank Group.
With federal spending having moved past $40 trillion, we can ask if the debt-to-GDP ratio has become too large.
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.