Assume your government has $1 to spend on a social safety net. You need to decide who gets what. One way is ROI–the Return On your Investment. Of course we can ask about return through non-dollar criteria. But what if…
For the next bite of a doughnut or the next try at a pumpkin slingshot, economist Alfred Marshall’s marginal analysis helps you decide whether to say yes.
Selling 21,000 seven week pasta passes, Olive Garden’s never ending pasta promotion is providing unlimited carbs with a hefty serving of economics.
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.
