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When the rising price of fuel boosts airlines' costs, they can buoy their bottom line by increasing optional and barely noticeable fees or raising fares.
When a firm like Dunkin' Donuts does some rebranding with a name change, it is trying to send a new message to its customers
The six facts that we need to know about the federal budget include spending, taxes, borrowing, and where we could wind up.
When we pay through an honor system, retailers depend on our economic honesty while researchers are trying to understand it.
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.