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Approved by many of us, free tuition programs like the one at NYU Medical School create misdirected incentives that diminish their success.
When natural disasters like hurricanes, massive snowstorms, and wildfires strike a region, their economic impact is far more than the clean-up.
Called the Starbucks effect, current and future housing prices tend to rise when a Starbucks moves into the neighborhood.
The low airfares and pleasant flying culture at Southwest Airlines have had an unexpected impact on the quality of scientific research.
Complementing the averages in U.S. jobs reports, we can see much more variety through the wage rates paid by thousands of McDonald's around the country..
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.