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.

3 Myths About Flight Cancellations

Looking at routes, aircraft size and the types of travelers, you can see the tradeoffs airlines make when they decide which flights will be canceled.

Weekly Roundup: From Buying Mail Trucks to Selling Beanie Babies

Our Posts Roundup Sunday 3.08.15 What we don’t know about Daylight Saving…more Monday 3.09.15 Why Apple is like the old AT&T…more Tuesday 3.10.15 What we can learn from a mail truck…more Wednesday 3.11.15 How to find out the real jobs numbers…more Thursday 3.12.15…

How an Ignorance Survey Will Make Us Smarter

To improve policy making for major global issues like health, population, education and poverty, Hans Rosling uses a survey to see where we are misinformed.

Why We Can’t Avoid Bubbles

Whether it’s tulip bulbs or Beanie Babies, bubbles start with an innovation that excites people. Then a demand surge, an unrealistic boom and panic follow.

The Reason Jobs Numbers Don’t Have to be Real

Hearing the unemployment rate and jobs creation numbers, we should know the numbers weren’t real because the BLS seasonally adjusted them.

Surprising Messages From a Mail Truck

The U.S Postal Service is a productivity dilemma because it provides necessary services but, shown by its trucks, is not as efficient as the private sector.

Why Apple Deserves the AT&T Slot in the Dow

For their innovation, association with telephone development, their Dow slot and perhaps creative destruction, Apple and AT&T have followed parallel paths.

What Most of Us Don’t Know About Daylight Saving Time

Always controversial, the idea of daylight saving time started with railroads standardizing time and continued with a Congressional mandate.

Weekly Roundup: From Fed Humor to the Wisdom of Warren Buffett

Our Posts Roundup Sunday 3.01.15 Handy notes from Warren Buffett…more Monday 3.02.15 The basics of Greek tax evasion…more Tuesday 3.03.15 Insight about airline queues…more Wednesday 3.04.15 Why we subsidize Brazilian farmers…more Thursday 3.05.15 What an ATM can teach us…more  …

Some Federal Reserve (Gallows) Humor

In the 2009 transcripts, Federal Reserve humor brings smiles and memories of the dire condition of finance, housing and the GDP.