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We could call the Covid pandemic a dividing line that changed where we work and the distance that our commuting time occupies.
Misleadingly simple, measuring our pay can require a menu of choices that wind up with vastly different results.
To solve New York City's subway and bus fare evasion, a behavioral economist would suggest a nudge that created new incentives.
Having seen, last year, that the middle class was shrinking, we can ask now if there still is increasingly less in the middle.
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.