Elaine Schwartz
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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.

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.

Why the Congress Needs to Raise the Debt Ceiling Again

A week ago, Treasury Secretary Steven Mnuchin sent a letter to Speaker of the House Paul Ryan. The letter said we will have maxed out our borrowing at midnight tonight. Having reached its “statutory limit,” the outstanding debt of the U.S.…

How to Google Gender Bias

Reflecting and encouraging gender bias against women, the occupational pictures displayed online at Google images can be inaccurate and unprofessional.

Daylight Saving Time Dilemmas

Last weekend, our daylight saving time dilemmas began again as we lost an hour of sleep but gained evening time to shop, exercise and go to athletic events.

The Decline of Laissez-Faire

Perhaps it all began when President Lyndon Johnson called Wilbur Mills, chairman of the House Ways and Means Committee. “Wilbur, I’ve just been looking through the polls here, and I’ve only got a few weaknesses, and the worst of them…

Weekly Economic News Roundup: From Big Macs to Blue Wine

Connecting economic ideas, current events and history, our weekly economic news roundup includes grade inflation, EU regulation of blue wine and happiness.

Why Measuring Happiness is Tough

Measuring happiness is tough because of the difference between what we actually experience and what we remember about those moments.