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.

How Could an Economy Be Better When People Think It’s Worse?

By detailing our response to inflation, a new paper tells us why economic misinformation skews our opinion of the entire economy.

Why We Should Care About Lunar Time

Having standardized time on earth with Coordinated Universal Time (UTC), now we need the equivalent for lunar time.

When One Item Has More Than One Price

Expanding the reach of its variable prices, JetBlue recently added dynamic baggage fees to its airline fares.

Debating the Impact of California’s New Minimum Wage

With California’s minimum wage hike to $20 for selected workers, economists continue to debate if the increase boosts unemployment.

What Daniel Kahneman Could Have Said to Investors

Understanding our decision-making, psychologist Daniel Kahneman’s investing insights could prevent some expensive mistakes.

How Demand Can Determine What We Steal

Understanding why retailers have always had problems with razor thefts, we can look at why we demand so many.

Our Weekly Economic News Roundup: From a Garbage Ban to a Bridge Collapse

Connecting economics, current events, and history, this week’s economic news roundup ranges from global warming to ranking happiness.

March 2024 Friday’s e-links: The Fish Doorbell

Concluding our March e-links, I suggest reading about a delightful innovation that is called the fish doorbell.

Daniel Kahneman Stories

Among his many behavioral economics insights, these Daniel Kahneman stories illustrate some of the wisdom he conveyed.

How a Bridge Collapse Affected Cars, Cruises, and Coal

While the length of the Francis Scott Key Bridge was just 1.6 miles, the cost of its collapse extended around the globe.