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Connecting economics, current events, and history, our weekly economic news roundup ranges from a retail apocalypse and competing with dirt to a baseball quiz.
MLB stadium infields might look like dirt but really, firms have competed to prove that their combination of clay, silt and sand is unique.
By purchasing an adult fish for thousands of dollars, the buyers of an Asian arowana were engaging in conspicuous consumption.
Students applying to college might experience more competition at schools that have an unexpected March Madness bump in applicants.
With the baseball season soon to start, the econlife team is looking at the money, the players, and even the music in our latest quiz.
Even with mall traffic declining and stores closing, retail restructuring might lead to a renaissance fueled by creative destruction rather than an apocalypse.
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.