Learn Archives - Econlife (original) (raw)

October 1, 2021

Learn with Elaine | econlife

Learn With Elaine: McDonald’s Speedy Drive-Thru

To compete against other fast food chains in a monopolistically competitive market,, McDonald's needs a speedy drive-thru.

September 3, 2021

Learn with Elaine | econlife

Learn With Elaine: Panama Canal Expansion

Wide enough for huge container ships, the newly expanded Panama Canal will boost global trade and production.

August 6, 2021

Learn with Elaine | econlife

Learn With Elaine: Misleading Metrics

Like factory quotas, snake bounties, or college ranking, sometimes incentives can create unintended consequences.

June 4, 2021

Learn with Elaine | econlife

Learn With Elaine: Uber’s Driver Shortages

Related to universal supply side incentives, Uber's driver shortages display the power of the higher prices that motivate producers.

May 28, 2021

Learn with Elaine | econlife

Learn With Elaine: Tokyo 2020

Seemingly simple, the pandemic delays that created ticket refunds for the Tokyo 2020 Olympics have an immense cost.

May 21, 2021

Learn with Elaine | econlife

Learn With Elaine: Inventing Post-it Notes

An accidental innovation, Post-it Notes had a massive economic impact through the private and social returns that they created.

May 14, 2021

Learn with Elaine | econlife

Learn With Elaine: Impulse Buying

Staying at home during the pandemic, we have shifted our impulse buying from the supermarket to our online shopping cart.

May 7, 2021

Learn with Elaine | econlife

Learn With Elaine: Banana Problems

Echoing what happened during the 1950s, banana problems with a spreading fungus mean we will again need a new kind of banana.

April 30, 2021

Learn with Elaine | econlife

Learn With Elaine: Logo Changes

Logo changes from corporations and government agencies convey a message about branding and product differentiation.

April 23, 2021

Learn with Elaine | econlife

Learn With Elaine: An African Trade Deal

Looking at a recent African trade deal, we can debate the many sides of free trade.

April 16, 2021

Learn with Elaine | econlife

Learn With Elaine: Ketchup Packet Shortages

One of many supply and demand problems during the coronavirus pandemic, ketchup packet shortages hit homes, bars, and restaurants.

April 9, 2021

Learn with Elaine | econlife

Learn With Elaine: What We Don’t Know We Own

Based on the six hidden rules of ownership, from Netflix passwords to airplane seats, what we don't know we own shapes our behavior.