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Even as it celebrates its 40th birthday after a quiet 1977 debut, we cannot be sure of the reasons for Star Wars's success.
A source of jobs and economic growth, the leading manufacturer of American made cars is not a U.S. firm because of globalization.
Combine thriving world markets and more productive cows and you get farmers who unintentionally create a milk glut when they increase supply.
If we have a sand shortage, Olympic beach volleyball, new homes and roads, fracking, water filtration, and so much more will be affected.
Our healthcare costs and parking lot spending are influenced by similar incentives that involve paying per visit or with a lump sum for unlimited use.
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.