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 the World’s Most-Consumed Liquor Changed the Corn Market

Because of supply and demand in the U.S. and the world, U.S. farmers are planting less corn and more soybeans and sorghum.

Pop Music’s Risk Takers

The popular music industry is a risk based culture in which addictive substances touring, irregular hours and stress create high mortality rates.

What We Should Ask About the Wealth Gap

Because economists disagree on how to measure wealth, they convey different conclusions about the history of wealth inequality and distribution..

The Unexpected Cost of An Almond

Allocating water to California almond growers that could be used elsewhere in the state represents tradeoffs and considerable cost during the drought.

Why It’s Tough to Evaluate Job Performance

If a performance metric is known, the people being evaluated have an incentive to shift their behavior so that their scores improve but not the job they do.

Weekly Roundup: From Fake Stats to Slippery Glue

Our Posts Roundup Sunday 3.22.15 The bundles that make life pleasant…more Monday 3.23.15 Where American cars are made…more Tuesday 3.24.15 What March Madness really represents…more Wednesday 3.25.15 Why Sunday shopping matters…more Thursday 3.26.15 Making ketchup that glides…more   Friday 3.27.15 How…

The Dangerous Side of Economics

Because he revised his country’s inaccurate deficit and received Eurostat approval, Greece’s chief statistician might be prosecuted for “breach of faith.”

The Connection Between a Killer Plant and Elmer’s Glue

An innovation being sold to manufacturers, jars with slippery interior surfaces will create positive externalities by lessening waste and saving time.

Why We Need Sunday Shopping

To fuel French economic growth, productivity and employment, a controversial law will allow more Sunday shopping but the business/leisure debate continues.

Following the March Madness Money

Whether looking at what fans spend and wager or the NCAA, the coaches, the teams, the media, and corporate promotions, March Madness is about big business.