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Comparing development economics to plumbing, one of this year's Nobel Memorial Prize winners says she observes what works in the real world.
While children's allowances are way up, the financial responsibility that parents hope to develop has not been apparent in financial literacy surveys.
Doing little to help us win games, our video game shopping for outfits and dance moves creates some conspicuous consumption.
A visit to a doggie doo-dah plastic bags maker in China illustrates the shift from Chinese manufacturing to Vietnam and Indonesia.
The six categories of healthcare spending waste and the five groups that help to create it can be related to Fermi's Paradox.
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.