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To reduce emissions and wasted time, Uber and Lyft should encourage the ride sharing that will decrease traffic congestion.
Now and in the past, life expectancy is about much more than living longer when we look at consumer spending and government responsibility.
Looking at the game theory behind congressional debt ceiling negotiations, we see a classic example of the prisoner's dilemma.
Hoping to avoid the middle income trap, China is taking the less typical socialist route through their "common prosperity" policies.
With the Biden Administration taking us to a $400,000 threshold for higher taxes, deciding who is rich has become a legislative debate.
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.