Economic History

US economic history starts with the 13 colonies and the transition from communal to individual land ownership, continues with 19th century economic growth and takes us to the role of services during the 20th century. Involving government, consumers and businesses, at econlife, economic history provides more understanding of today’s economy.

When a Big Bin Makes a Difference

The story of the overhead baggage bin is about more than a suitcase. It is also about revenue and seat selection: Overhead Baggage During May 2008, American Airlines was the first legacy carrier to impose the “checked-bag fee.” Because they…

Six Twists in Our Supply Chain

Ranging from ships to ports to truckers and warehouses, our supply chain twists are causing delayed deliveries everywhere.

Why We Need Ridesharing

To reduce emissions and wasted time, Uber and Lyft should encourage the ride sharing that will decrease traffic congestion.

Why Traffic Jams Could Spread Less

First in the nation for pre-Covid gridlock, Boston has a #1 award that no one wants. During 2019, Boston’s average rush hour driver lost 149 hours in congestion. In just five years, traffic congestion will have absorbed a month (730…

Where and Why We Fly (Less)

Looking closely, we see a lot more about where and why we fly for business and leisure travel that can explain the impact of Covid.

What We Can Learn From a Hot Tub

Affecting goods that range from stoves to couches, the causes of pandemic delivery delays can be shown by a disrupted hot tub supply chain.

How a Canal Moved a Bridge

Because of the Panama Canal expansion, a bridge that connects Bayonne, N.J. and Staten Island, N.Y. had to be raised.

A Lesson for Rail Transit From the Eastern Shuttle

Far behind other countries, high-speed rail transit in the U.S. just needs to copy what the Eastern Shuttle long ago did for air travel.

A New Way To See Old Age

Looking back 55 years at the changes in life expectancy, we could decide to change our definition of what it means to be old.

Which Firm Was the First Robinhood?

Similar to the goals expressed by Robinhood, long ago a major Wall Street firm focused on retail investors and also had its IPO.