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Although the number of gigayachts is multiplying, they represent the inconspicuous consumption that makes more wealth less obvious.
Hit harder by regressive tariffs, the poor pay more than the affluent because history has not been corrected.
With the NYC debating a bill to increase the city's public bathrooms, we can see that the issue is about a lot more than the loo.
When we compare the analysis of Dr. Mischel's 1972 marshmallow test and more recent test revisions, we see how a new lens makes a difference.
A detailed look at how housing spending boosts the GDP reveals every floor of the expense and its significance.
Connecting economics, current events, and history, this week's economic news roundup ranges from counting cows to buying lottery tickets.
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.