This satellite picture shows how San Juan, Puerto Rico used to sparkle at night: But since Hurricane Maria, no more: Currently, 10% of the island has power. So there is little running water and few flushing toilets. Similarly, air conditioning…
Surprisingly significant, the EU’s opposition to blue wine reflects how regulation constrains the innovation that creates productivity and economic growth.
U.S. stock market history from 1900-2015 shows how the diminishing dominance of industries like railroads reflects innovation and creative destruction.
Contracting because of online competition, Gillette’s dominance of the men’s shaving product market shows the creative destruction that e-commerce creates.
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.
