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Elaine Schwartz
4057 Articles48 Comments

Elaine Schwartz has spent her career sharing the interesting side of economics. At the Kent Place School in Summit, NJ, she has been honored through an Endowed Chair in Economics and the History Department chairmanship. At the same time, she developed curricula and wrote several books including Understanding Our Economy (originally published by Addison Wesley as Economics Our American Economy) and Econ 101 ½  (Avon Books/Harper Collins). Elaine has also written 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.

Aging Trends

Baseball’s MVPs are typically younger than 30 and rarely over 35. Office workers and salespeople tend to be most productive in their early to mid-40s. Most Nobel prize winners in physics and che…

More On Unemployment

These are great graphs! In just a minute or 2, through a series from The Washington Post, you can understand our employment problems. Our starting point is potential output during the past decade. We …

Innovative Thoughts

Saying we need “More (Steve) Jobs, Jobs, Jobs” journalist Tom Friedman reminded us that economic “stimulation” is more important than economic stimulus. Using the creative, suc…

Cyclical or Structural?

Economists still cannot agree. With the new unemployment rate, at 9.6%, the same as the old unemployment rate, one question remains the same. Is it a jobs mismatch, contractionary lay-offs, or a third…

Soda Wars

In “the soda wars,” who is fighting whom? Past news articles refer to state legislative attempts to tax sugary soft drinks. Now, a NY Times article focuses on how New York City is trying t…

Presidents' Net Worth

Who was wealthier George Washington or John F. Kennedy? You’ll find the answer in a fascinating Atlantic article that describes, from Washington through Obama, presidential affluence. George Was…

Traffic and the Economy

Sometimes policies for economic growth can be found in the most surprising places. Seeing a new paper on peak hour travel started me thinking about the amount of time we spend commuting. And commuting…

Supply, Demand, and Kimchi

The kimchi mini-crisis is a perfect tale of supply and demand. Kimchi, “a fiery cabbage-based staple of Korea,” is typically made from “seasoned, fermented napa cabbage”. Farme…

Health Care Insight

Perhaps it all began when President Lyndon Johnson called Wilbur Mills, chairman of the House Ways and Means Committee. “Wilbur, I’ve just been looking through the polls here, and I’…

Inflation Stories

Arrive at a supermarket at the same time everyday? Require cash instead of credit?  Stop making beer? Why? The answer to each question is INFLATION. We are told that the Fed is always worried abo…