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An airline's overbooking solutions can be called a Dutch auction when fliers decide what their ticket is worth.
About much more than a piece of fruit, peach history details how the market encouraged an entrepreneur to invent and develop a new product.
Researchers are concerned that the pandemic birth rate could have further pulled down our sinking population Replacement Rate.
Connecting economics, current events, and history, this week's economic news roundup ranges from a bitcoin failure to a tariff problem.
Continuing our July e-links, I wanted to recommend a very pleasant 90 minutes with Annette Bening and Bryan Cranston in a new film.
Trying to encourage bitcoin use, El Salvador had all the right incentives but still wound up with unintended consequences.
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.