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By detailing our response to inflation, a new paper tells us why economic misinformation skews our opinion of the entire economy.
Having standardized time on earth with Coordinated Universal Time (UTC), now we need the equivalent for lunar time.
Expanding the reach of its variable prices, JetBlue recently added dynamic baggage fees to its airline fares.
With California's minimum wage hike to $20 for selected workers, economists continue to debate if the increase boosts unemployment.
Understanding our decision-making, psychologist Daniel Kahneman's investing insights could prevent some expensive mistakes.
Understanding why retailers have always had problems with razor thefts, we can look at why we demand so many.
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.