Soon, the credit card signature will be extinct and so too will another transaction “cost” that made spending money a little more difficult.…
Economic Ideas
Much more than money, economics is about tradeoffs. Thinking economically involves cost and benefit, marginal analysis and seeing that there is no free lunch. Econlife tries to convey these economic ideas, which serve as the foundation of economics and help people make decisions personally, professionally and as voters.
The Waze Wars That Locals Were Losing
With more drivers using Waze and other traffic apps to avoid rush hour delays, local neighborhoods have begun to resist the disruption.…
Why Charismatic Animals Need More Conservation
A paradox explains why our concern for wildlife conservation might not extend to the charismatic animals we most care about.…
Deciding Whether to Tax the Internet
The internet taxes that none of us pay may soon be required by the Supreme Court if South Dakota wins a decision against Wayfair.…
Which Generation Should Get More From Everyone Else?
Deciding which groups should give which should receive, government redistribution policies could be based on a generational lens.…
The Food Fights Between the U.S. and China
Whether looking at chicken paws or hog hooves, U.S. and China food tastes have worked well together until U.S. and Chinese tariffs have upset the benefits of the relationships.…
Why We Will Miss the Candy We Never Loved
Told that their least favorite candy might no longer exist, people are panic buying NECCO wafers and Sweethearts because the New England Confectionary Company could shut down.…
Does Rent Control Really Control Rent?
When cities like San Francisco pass rent control legislation to create affordable housing, they could wind up with unintended consequences.…
What You Need to Decide About the Future of the Federal Budget
While the CBO’s (Congressional Budget Office) 2018-2028 report presents federal budget projections, the numbers also reflect the tradeoffs and some tough decisions.…
The 5 Stars That People Get (And Don’t Deserve)
There are some good reasons that most of us are contributing to a reputation inflation that diminishes the meaning of an Uber driver rating score.…