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The production of Mongolian Cashmere increased as Mongolia made the transitioned from communism to democracy and capitalism.
While monthly CPI reports emphasize the average increase in prices, we can also use it to see the differences in household spending.
Connecting economics, current events, and history, this week's economic news roundup ranges from diaper demand to cream cheese shortages.
Our December 2021 e-links continue with a New Yorker article recommendation that took me to a bitcoin search for a lost hard drive.
One of the little noticed transformative impacts on our lives was the arrival of toll-by-plate, aka, E-ZPass or AET (All Electronic Tolling).
The ingredients of China's new demographics recipe includes fewer marriages, a declining birth rate, more elderly, and interest in funerals.
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.