iPhone 5 Economics

Explaining the probable impact of the new Apple iPhone, one UPS employee recalled the impact of the last new iPad launch.  At its internal hubs, UPS created more work hours for part timers and enjoyed…

Sweatshop Dilemmas

Is it okay to have sweatshops in developing nations? NY Times writer Nicholas Kristof, and Nobel prize winning economists Paul Krugman and Milton Friedman have all said, “Yes.” Kristof poi…

Economic Humor

For laughter and economic insight, the following are wonderful. A Cartoon: From gocomics.com, a very hypothetical illustration of “The First Economist.” A Daily Show Excerpt: Treasury Secr…

Stormy Issues

For Hurricane Irene relief, the debate is again about the debt. Let’s start with the Congress. Expressed by Texas Representative Ron Paul, government should not play a role because “intrus…

©2016 econlife. All rights reserved.