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Looking at gasoline prices that are controlled by algorithms, we could be surprised by how they affect competition.
The economists who think about paying taxes tell us that there are so many different reasons that people do and do not comply.
Because of coronavirus lockdowns and social distancing, movie theaters created popcorn problems for farmers.
While COVID-19 had a massive impact on consumer spending, "street corner" real time data reveal some surprises.
A small innovation that made a big difference, the teabag has remained pretty much the same for more than a century.
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.