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Connecting economics, current events, and history, this week's weekly economic news roundup ranges from less beer and manufacturing jobs to more earnings.
Because Japan is not a country of beer drinkers, it has to adjust to massive beer demand when it hosts the Rugby World Cup.
At $1 trillion, the ballooning U.S. deficit can be understood as a number, as a proportion of the budget, and the reason we owe China so much money.
Ranging from barely budging to a 32 percent increase, the ups and downs of average hourly earnings can be debated, depending on your numbers.
With plant-based foods growing like weeds, we have to decide if their vegan names should reflect the foods that they resemble.
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.