Elaine Schwartz
3638 Articles91 Comments

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.

The One Big Issue Where Economists Disagree

Economic research on the impact of a higher minimum wage on employment provides no clear answers. Economists on each side say opposing research is flawed.

What Bread Says About Women

Through the industrialization of just one slice of bread, we can see the history of the U.S. economy since the beginning of the 20th century.

How the Trans-Pacific Partnership is About New Balance and Nike

Looking at tires, fashion and NAFTA, we can see the lost jobs opposition to free trade and the pro free trade response.

What the Big Mac Says About the Trans-Pacific Partnership

While opponents of the TPP free trade deal cite currency manipulation, cheaper exports from countries with cheaper currencies save money for U.S. buyers.

How Markets Can Save Honeybees

While a government task force will soon report on how to deal with the increase in honeybee deaths, instead the market system could solve the problem.

The Best and Worst Ways to Stop Smoking

Expensive for employers and society, smoking is a habit that requires cleverly designed commitment devices for successfully getting people to quit.

Weekly Roundup: From Steak Patents to Marijuana Taxes

Our everyday economics includes behavioral economics, trade barriers, taxes, entitlements, externalities, intellectual property and industrialization.

What Your Walking Speed Tells Us

The externalities that result from industrialization and economic vitality include how fast we walk, our pace at work and our attitude about time.

The Difference Between a Cheese Steak and a Designer Dress

Classified as intellectual property, a new cut of meat and a new dress design are viewed differently by patent and trademark laws.

Why the Social Security Crisis Has Begun

Caused by aging baby boomers, expanded criteria and the remnants of the great recession, SSDI entitlement spending is approaching insolvency.