The bendy straw was invented at the Varsity Sweet Shop in 1937. Where are we going? To why it’s tough to eliminate the bendy straw. But first some history… The Invention of the Bendy Straw Sitting at the Varsity Sweet…
For complementary goods and services like cheese and chips, peanut butter and jelly or weddings and bridal gowns, their demand rises and falls together.
Our everyday economics includes developing nations, human capital, environment, behavioral economics, consumer spending, health care,incentives & sin taxes.
Knowing that reusable grocery bags shifts consumer spending to more indulgent purchases, supermarkets can respond with new prices and product placement.
At first no one wanted to buy Jell-O. The year was 1902, the product was jiggly, and people had no idea how to serve it. Then, its producers went door-to-door with free cookbooks. And the rest of the story is…
econlife®
Connecting economics with everyday life.
Located at the intersection of current events, history, and economics, econlife® slices away all of the layers that make economics boring and complex. We like economics and we would like for you to like it too.
