Elaine Schwartz
4197 Articles39 Comments

Elaine Schwartz has spent her career sharing the interesting side of economics. At the Kent Place School in Summit, NJ, she has been honored through an Endowed Chair in Economics and the History Department chairmanship. At the same time, she developed curricula and wrote several books including Understanding Our Economy (originally published by Addison Wesley as Economics Our American Economy) and Econ 101 ½  (Avon Books/Harper Collins). Elaine has also written 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.

Why College Tuitions Are Up and Other Prices Are Down

It’s tough to find a real “list price” for a college tuition. According to NY Times money columnist Ron Lieber, the price charged by one school can vary considerably. Sort of like we all pay a different fare for the…

When Does Money Make Us Feel Good?

In 1974, a University of Pennsylvania economist concluded that there was a happiness plateau. Yes, we feel increasingly good as our income grows. But not beyond $75,000. Called the Easterlin Paradox, even if your earnings continue upward, they don’t bring…

Our Weekly Economic News Roundup: From Bitcoin to a Big Mac

Weekly Roundup​​​​​​​​​​​ ​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​ Sunday 1.17.20 How the Big Mac Index surprised us… Monday 1.18.20 When a government check gets spent… Tuesday 1.19.20 Where to find the most Bitcoin… Wednesday 1.20.20 The best new tech gadgets… Thursday 1.21.20 How we’ve moved…

January 2021 Friday’s e-links: From Burgernomics to Cheetos

Last updated 1/22/21 Every once in a while, (and sometimes each day) I listen to a great podcast, enjoy an article, or see a good video that I want to share with you. I like to think of them as…

Why Amazon Is Buying a Freighter Fleet

Just 16 years ago, we needed a $25 minimum order to get Amazon’s free Super Saver Shipping for an 8 to 10 day wait. An extra $9.48 got us two-day delivery and $16.48, one day. But then in 2009, they…

Where and Why We Moved During 2020

We seem to be moving less: Let’s see where and why. Interstate Migration Where? U-Haul publishes an annual report of its top destinations. Comparing the net gain of the one-way trucks that enter to those that leave, they rank the…

Three Kinds of Irresistible Tech From the Consumer Electronic Show

Last year in Las Vegas, 171,000 (or so) attendees could have looked at 4,400 new technology exhibits at CES (the Consumer Electronic Show). This year it was all digital and somewhat overwhelming. So, as always, I am depending on the…

A Bit of Bitcoin Geography

Our story starts in San Francisco with a programmer, Stefan Thomas, who has a cache of 7,002 Bitcoin worth approximately $220 million (on January 12). During 2011, he was given those Bitcoin for making this animated video. Do take a…

How Do You Spend a Stimulus Check?

Several months ago we looked at how recipients spent the money they received from the March 27 CARES Act. Now, with a new NY Fed survey that is more up-to-date, we can predict the response to the Biden proposal for…

A Big Mac Mystery

The Economist created the Big Mac Index in 1986 to compare the price of the Big Mac in different countries. Their goal, they said, was to make exchange rate talk more “digestible.” However, the January 16 Index also generated some…