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Connecting economics, current events, and history, this week's economic news roundup ranges from supermarket shelves to soft infrastructure.
Starting with Yap money and ending with infrastructure history, our five e-links for July also include camouflaged cookies and wind power.
When supermarkets carry fewer products, they lose the benefit of more variety but also minimize the cost of creating too many decisions.
To see the need for hard and soft infrastructure, we can look back at the catastrophic Donner Party and ahead to contemporary legislation.
Self-reinforcing, Wikipedia's gender bias is evident in the number of biographies that focus on notable females.
Looking at the past, present, and future, we can see that Olympic medal counts relate to much more than athletic talent.
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.