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.

Exposing What You Hide in Your Garbage

Weighing cost and benefit for Seattle’s recycling environmental regulation involves privacy, dollars, time, and respect for the law and our environment.

Why a Hungry Country Might Have Enough Food

Focusing on production and distribution, economists look at the role of markets and of government when they try to determine what causes and ends famines.

Airline Pricing Mysteries

Left to fluctuate freely, a price can tell us information about social norms, efficiency, technology, incentives, quality and supply and demand.

How to Find Your Match

Creating more efficient markets, matching algorithms facilitate supply and demand when transactions do not involve money.

The Mystery of the Missing Productivity

The reasons for relatively smaller increases in U.S. productivity are a mystery that could involve understating the new sharing/data economy.

Weekly Roundup: From Nibbling Nachos to Sipping Starbucks

Our everyday economics includes risk, externalities, purchasing power, complementary goods, capitalism, money supply, human capital, and innovation.

The Wright Moment for the Bicycle

As an innovation, the bicycle was a stepping stone that helped human capital move onward to other inventions like the airplane, the auto and better roads.

What Money Should Look Like

The currency part of a money supply needs three basic characteristics that relate to value and also usually a design that reflects a national identity.

Taylor Swift Gives Apple a Little Taste of Capitalism

By asking Apple to pay her and other artists when customers get their music for free displays Taylor Swift’s understanding of the basics of capitalism.

Chips and Cheese Insight

For complementary goods and services like cheese and chips, peanut butter and jelly or weddings and bridal gowns, their demand rises and falls together.