Learn Archives - Econlife (original) (raw)
October 1, 2021
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: 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: Misleading Metrics
Like factory quotas, snake bounties, or college ranking, sometimes incentives can create unintended consequences.
June 4, 2021
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: 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: 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: 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: 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: Logo Changes
Logo changes from corporations and government agencies convey a message about branding and product differentiation.
April 23, 2021
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: 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: 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.