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With the arrival of a banana fungus in the Americas, we should start to worry about the survival of one of our most popular fruits.
Diplomatic immunity can give us an indication of corruption in a country by looking at whether consular officials pay parking tickets.
While women's wealth in the world has been trending upwards, a look at the estimates in the Credit Suisse Global Wealth Report 2018 reveals the gaps.
As the downside of low unemployment, traffic congestion can have an invisible cost that relates to time, gas, and aggravation.
The EU provides feta cheese makers protection from competition through a geographical indication that gives their name monopoly power.
While the North Korean economy is centrally planned, the Choco Pie is a tiny example of the how a market system develops.
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.