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In China, by being good to your mother-in-law, you can elevate your social credit score, get a cheaper bike rental, and a better bank loan.
Whether looking at guinea pigs or party dresses, you get rental markets when time and money make people avoid a purchase.
As an aging population soon takes us to a demographic turning point, retailers will adjust the shopping experience to an older customer.
Although mandatory calorie count labels have become the law of the land, their impact on firms and consumers is still unpredictable.
Debating the merits of the HOT lane's congestion pricing takes us straight to the tension between equality and the market.
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.