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While we know that overused resources can include the ocean, the air, and a pasture, we also should include beaches and seats.
Calming the everyday monetary chaos created by Venezuela's hyperinflation is about much more than lopping zeros off its currency.
Looking at who did not pay Aretha Franklin for "Respect," we can see why music copyright law is being rewritten by the Congress.
Not only providing a lesson that relates to building nest tunnels, ant economics can also teach us about diminishing returns to scale.
Connecting economics, current events, and history, our weekly economic news roundup ranges from Uber and healthcare to job discrimination.
Using old containers from cargo ships, commercial urban farmers are growing hydroponic mini-lettuces and even strawberries in warehouses and garages.
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.