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.

A Fast Food “F”

When animal welfare requires cage-free eggs and antibiotic elimination and no gestation crates, some fast food restaurants cannot accept the tradeoffs.

Movie Reviews and Fandango Inflation

Just like prices and grades, stars that overstate the value of a movie can be called inflationary so perhaps we should question Fandango’s reviews.

Weekly Roundup: From Venezuela’s French Fries to the Army’s Pizza

Posts Roundup Sunday 11.01.15 How to be inches away from getting hired…more Monday 11.02.15 Why one-child could be here to stay…more Tuesday 11.03.15 The army food we eat at home…more Wednesday 11.04.15 What a pizza can teach us…more Thursday 11.05.15 The tough part of deciding who…

How to Make the Invisible Hand Disappear

With shortages of basic necessities, price controls, lack of foreign exchange and rising prices, Venezuela’s inflation rate is soaring.

Why It’s Tough to Place the Poverty Line

Whether calculating the poverty rate in Rwanda or in the U.S., the income and/or consumption variables you select determine your results.

Lessons We Can Learn From a Pizza

Relating to the environment, prices and innovation, a pizza box illustrates that in economics the invisible can be more important than what we see.

The Reason For Pizza With a Three-Year Shelf Life

Technological innovation as a growth engine that leads to creative destruction can come from food processing discoveries from the military.

Why China’s Two-Child Policy Might Not Work

Although China has said it will replace its one-child policy with a two child limit, small families remain a social norm that will be tough to change.

Why Your Height Matters

Similar to gender and race discrimination, height discrimination can impact political success, how much we earn, and whether we are hired.

Weekly Roundup: From the Diner’s Dilemma to Lost Labor

This week’s economic news summary includes the diner’s dilemma and marginal analysis, property rights in outer space, the Phillip’s Curve and unemployment.