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While library late fees are supposed to be incentives that encourage us to return books, instead they have unintended consequences.
To explain what has been called an egg glut, we can look at egg laying hens, at the changing number of eggs they produce, and at our egg consumption.
Because tipping behavior reflects a social norm, many of us know the amount we are supposed to leave but we don't necessarily do it.
In public spaces like airports, hospitals, and museums, we navigate through the architectural signals that have been called wayfinding.
Comparing the locations, incomes, and jobs of Democrats and Republicans, we see America's two economies and a tension between democracy and capitalism.
Connecting economics, current events, and history, this week's economic news roundup ranges from Amazon Prime and India's demonetization to airplane shades.
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.