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 AV Programmers Have Life and Death Dilemmas

Several months ago, Tesla agreed to recall 53,822 self-driving vehicles that were programmed to roll through a stop sign. The company decided that vehicles moving at less than 5.6 miles an hour need not stop if the car detected no…

The Great Lego Spill

Because of a huge wave and massive container ships, we wound up with a gargantuan number of Lego pieces becoming The Great Lego Spill.

The Economics of Seizing a Super-Yacht

Super-yacht economics involve astronomical maintenance and storage expenses that governments have to absorb after a seizure.

How YOLO and FOMO Affect Investing

In the realm of behavioral economics, we can find the active investing incentives that include YOLO and FOMO.

Global Supply Chain Disruptions

Seeing that the Ever Forward is still stuck, its supply chain delays remind us of what we can expect during the coming year.

How a Gig Driver Is Like a Pancake

When gas prices affect the supply of gig drivers, they could also impact our breakfast and food deliveries.

How the Ever Forward Is Like Her Sister

Whether it’s the Ever Given or the Ever Forward (or the Ever Dainty and Ever Cozy), huge container ships have created cargo delays.

What We Can Learn From a Nail

We can see how a small commodity can tell a big story when we look at what nail price history illuminates in the factory and beyond it.

When Russian Humor and Cars Converged

The most famous of all Russian cars, the Lada had quality problems until Renault injected Western knowhow.

The Sexist Side of Transport

Unnoticed because we are so used to how we travel each day, gender biased transport design makes life tougher for women.