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Although the BLS reports the CPI (Consumer Price Index) inflation rate each month, our own household could see different price changes.
Connecting economics, current events, and history, this week's economic news roundup ranges from expensive washing machines to relatively cheap healthcare.
Totally ignoring their taste, an economist would have a surprising reason that explains why we love our Girl Scout Cookies.
When we look at the cost effectiveness of healthcare spending, we could conclude that it is not as excessive as the headlines indicate.
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.