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Connecting economics, current events, and history, our weekly economic news roundup ranges from moon dust markets and new internet taxes to deciding if bitcoin is a security.
The Supreme Court decision on South Dakota's internet taxes will affect local and online businesses, consumers, and state budgets.
#TBT: With General Electric leaving the Dow Industrial Average, today is a perfect time to look back at Charles Dow, Eddie Jones, and the Dow that GE joined in 1896.
Unless the U.S. government lets a woman in Tennessee keep and then sell her moon dust, it will remain a "priceless" national treasure with unknown value.
Asking if bitcoin is a security, a commodity, money, or property, we get a list of different answers that lead us to regulatory questions.
When previously worthless byproducts like coffee bean husks, chicken paws, and hog snouts became popular, we increased our economic efficiency.
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.