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Shown by home plate umpires, paying attention becomes easier when we use it less in the past or expect not to need it in the future.
With flooding becoming more frequent, national policy makers need to decide if flood insurance should be more affordable or avoidable.
Ranging from price to design, San Francisco and New York City have very different goals when it comes to designing a new garbage can.
Connecting economics, current events, and history, this week's economic news roundup ranges from deciding who is rich to a prisoner's dilemma.
Our October 2021 e-links begin with a podcast story of the rise and probable demise of the giant Chinese property developer, Evergrande.
To compete against other fast food chains in a monopolistically competitive market,, McDonald's needs a speedy drive-thru.
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.