Based on the six hidden rules of ownership, from Netflix passwords to airplane seats, what we don’t know we own shapes our behavior.
Learn With Elaine: How Covid Changed College Applications
By suspending the SAT and ACT, Ivy League colleges diminished transaction costs and made it easier to apply.
Learn With Elaine: How Transparency Transformed Food Shopping
When the development of cellophane let us have self-service food shopping for meat and produce, it started a retailing revolution that economists call creative destruction.
Econlife Quiz: Friends
With Netflix streaming 236 episodes of Friends, the econlife team decided to look at the money, the meals and the markets in our latest econlife quiz.
Econlife Quiz: The Economics of U.S. Presidential Inaugurations
One week ago, America witnessed the Inauguration of Donald Trump, the 45th President of the United States. From million dollar donors to glitzy ball gowns, no doubt a U.S. Presidential Inauguration has become both a historic and spectacular occasion. The…