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.

Why LEGO and Yeti Are Similar

Even from the best ideas, like what container ships did for our transportation infrastructure, we can have unintended consequences.

How More Salt Relates to Less Electricity

We could say that the length of the British coast is infinite. Looking from a distance, we see a smooth measurable line. However, moving closer, increasingly small inlets are evident that keep adding to its length. Somewhat similarly, drought makes…

Economic Inequality…or Equality?

Comparing global wealth, we arrive at different conclusions about the size of the gap because we use different metrics.

What We Can Learn From the Richest Billionaires

When we look at an animated history of the Forbes list of the richest billionaires, we also see some economic history.

Where We Are Moving and Why

Using data from Atlas and United Van Lines, and the U.S. Census, we can look more closely at U.S. migration during 2021.

How Hamilton Gave Us Economic Independence

Alexander Hamilton gave us the economic independence that we also should have celebrated yesterday on July 4th.

The (Chicken/Egg) Problem With Your EV

Wondering which comes first, the cars or the charging capability, we might have a chicken egg problem for our EV charging stations.

What We Pay For Gas

To determine the impact of a temporary federal tax and maybe state tax holiday, we need to look at how state gasoline prices vary.

Why We Worry About the World’s Faster Roads

Decomposing development, researchers tell us that less road safety can constrain a middle income country’s economic growth.

How to Find Bear Market Territory

Since 1928, based on the S&P 500, there have been 26 stock market declines that we call bear markets. But they were especially frequent during the 1930s: The bad news is that recessions tend to accompany bear markets. However, on…