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 New Message From Starbucks

Worried about losing sales to upscale brands, Starbucks is using competitive strategies to increase demand from affluent customers.

Weekly Roundup: From Raisins to BBQ

Our everyday economics includes property rights, sovereign debt, default,, externalities, regulation, Pigovian taxes, incentive, state taxes, and oligopoly.

Is the Raisin Reserve “Unraisonable”?

The Supreme Court is deciding if the USDA can affect raisin grower property rights though a raisin reserve that mandates crop surrender to prop up price.

What Tweets Can Say About the Dow

Researchers are exploring how message volume and sentiment analysis in social media like Twitter and Yahoo can be used to predict financial markets.

Four Ways to Understand Greek Debt

An historical perspective and a look at what is owed, to whom and when provides insight about the culture and complexities of Greek sovereign debt.

When Business Has to Pass a Smell Test

When a Texas barbecue restaurant or California hot sauce maker emits odors, municipal regulation can focus on quantity or taxes to restrict the pollution.

Two Reasons For Moving to Alaska

Creating different incentives, the variety among state taxes includes some with no income tax, others with sales taxes and some with severance taxes.

Why More Movies Are Boring

With the competitive market structure of the movie business changing from less to more competition, movie content from major studios is less innovative.

Weekly Roundup: From Grocery Bags to Soda Bottles

Our everyday economics includes developing nations, human capital, environment, behavioral economics, consumer spending, health care,incentives & sin taxes.

Pepsi Light Has a Whole New Meaning

Human capital in developing nations is benefiting from inexpensive lights made from plastic soda bottles that also are connected to solar powered batteries.