The five basic ways that our grocery shopping will change at home and in the store were propelled by the coronavirus pandemic.…
Innovation
Innovation is a source of economic growth. Including the impact of new technology and the incentives that stimulate creativity, innovation is important for a market system. Depending on current events, econlife considers the impact and source of past and present innovation that includes the industrial revolution, the transportation revolution, the information revolution and people like Steve Jobs and Andrew Carnegie who made it possible.
When the Line Graph Began
During the 18th century, one man invented the simple kinds of data visualizations that let us remember and grasp the meaning of statistics.…
How a $350 Meal Became $35 Takeout
A Chicago restaurant’s pandemic takeout plan transformed the limitations of the lockdown rules into a creative opportunity.…
Why Purell is More Than a Hand Sanitizer
A classic story about entrepreneurs, Purell history displays how a wife and her husband satisfied a need before it existed.…
Why NASA Needed SpaceX
Just like the U.S. Postal Service needed private sector planes when they created airmail, so too did NASA need SpaceX rockets.…
The Knockoff Clash Between Dapper Dan and Gucci
From a small Harlem tailor shop to high end hiphop clothing to a conflict with Gucci, Dapper Dan’s fashion career tells all we need to know about knockoffs.…
The Innovations That a Pandemic Inspires
During wartime, recessions, and now a pandemic, big and small firms have the incentive to create innovations that respond to the disaster.…
Where to Find an Electric Vehicle’s Emissions
If you care about the emissions created by an electric vehicle, the next step is to think of your zip code and the grid mix in your state.…
What Switzerland is Best At
When the Universal Postal Union used four Rs to rank postal services in 172 countries, the United States was in ninth place.…
How to Minimize (Airplane) Middle Seat Misery
Although airplane middle seat misery appears only to affect its occupant, widening that seat will be felt felt far beyond the people who sit there.…