Elaine Schwartz
3628 Articles91 Comments

Elaine Schwartz has spent her career sharing the interesting side of economics. At the Kent Place School in Summit New Jersey, she was honored with an Endowed Chair in Economics. Just published, her newest book, Degree in a Book: Economics (Arcturus 2023), gives readers a lighthearted look at what definitely is not “the dismal science.” She has also written and updated Econ 101 ½ (Avon Books/Harper Collins 1995) and Economics: Our American Economy (Addison Wesley 1994). In addition, Elaine has articles in the Encyclopedia of New Jersey (Rutgers University Press) and was a featured teacher in the Annenberg/CPB video project “The Economics Classroom.” Beyond the classroom, she has presented Econ 101 ½ talks and led workshops for the Foundation for Teaching Economics, the National Council on Economic Education and for the Concord Coalition. Online for more than a decade. econlife has had one million+ visits.

Weekly Economic News Roundup: From Commas to Colors

Connecting economic ideas, current events and history, our weekly economic news roundup includes color branding, Social Security funding and costly kids.

The Cost of a Comma

A missing Oxford comma became rather expensive when an appellate court used it to interpret Maine’s overtime labor law in favor of a dairy’s drivers.

Why Social Security Needs Immigrants

Because unauthorized immigrants pay billions of dollars in payroll taxes, they are one solution to the Social Security solvency problem.

What State Gasoline Taxes and a LUST Fund Have in Common

A LUST Trust Fund and higher state gasoline taxes may come in handy if massive federal infrastructure spending becomes more doubtful.

How Color Helps Firms Compete

When the tiny box is robin egg blue or the delivery truck is brown, those color trademarks convey an identity that makes color more meaningful.

The Cost of Raising a Child

Including how much we spend on the tooth fairy, the cost of raising a child can simply be one total or it can involve different specific expenditures.

March Madness Money Facts

Involving multiple markets and hundreds of millions of dollars, March Madness money facts relate to the NCAA, coaches, teams and the extra beer we buy.

Weekly Economic News Roundup: From Saving Daylight to Losing Laissez-Faire

Connecting economic ideas, current events and history, our weekly economic news roundup includes gender bias from Google, laissez-faire and farm labor.

The Codfather and the Tragedy of the Commons

Although The Codfather violated New England’s catch share system, the overfishing that results from the tragedy of the commons has been minimized.

How a Cherry Orchard is About More Than Fruit

Representing far more than the agricultural labor force, a cherry orchard in Washington state displays the complexities of changing labor markets.