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Combine Maine's lobster glut with China's lobster demand and you come close to solving the mystery of why lobster prices have not sunk.
With shopping malls closing, we can look back at why they first began and why their design was a revolutionary innovation.
Although no one tells Maine's wild blueberry growers how much to plant, blueberry markets signal when to cut back and when to plant more.
To understand the high prices supported by Hamilton ticket demand, we can look at the elasticity from four groups of theater goers.
The retail unemployment caused by the decline of J. Crew and other beloved mall stores relates to a structural change in their industry.
The World Bank's Doing Business Index ranks 190 economies to show where the business climate is sunny or stormy because of regulatory policy.
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.