Because the Congress established a dual mandate of high employment and price stability for the Federal Reserve’s monetary policy, they created a dilemma.
Subsidies and taxes determine the price of gasoline. Whether gasoline is cheap or expensive, its price affects people’s incentives and national tradeoffs.
Primarily for fiscal reasons, in Japan, most 40-74 year olds get their waist size checked each year. A part of the required annual physical exams from local government or employers, waist size is monitored because an obese population can be expensive.…
There is a village in Southern India called Kadapakkam. It had been a home to farmers and fishermen whose thatched huts had no running water and no electrical appliances. At traditional tea shops located at the side of the local, narrow and potholed road, you could meet a friend. One 62…
An Econlife roundup for the week This week same-sex marriage and human capital, natural gas and opportunity cost were some of the ways we connected everyday life with economics. 06.30.14 The battle against Prop 8 was about more than validating same-sex marriage…more…
Our occasional Wednesday environment focus When you discuss natural gas, do you refer to the environment, the economy or the law? Just mention natural gas to some of my friends and they focus on the environment. Concerned about the impact of the process used…
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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.
