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Dear Alexa, My friends and I went to the movies last weekend, and at the end of the night I realized I paid more for my popcorn, soda and candy, than I did for my actual movie ticket! Why are movie concessions stands so expensive? Please Explain! Kate Well Kate,... [read more]
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EconLife.com connects economics to everyday life, current events and history.

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Surfing Chile endangered wave
06.18.2013 | The Price System: Surfonomics

Do you think of the environment differently when you give it a price? Take a wave… For just one community like Mavericks off… [read more]

Graduation_Cap_and_Gown_1
06.17.2013 | Lean Away: Elite College Graduates Leave the Workforce

By Lilli DeBode, guest blogger and senior at Kent Place School Sheryl Sandberg, COO of Facebook, has become quite famous since the… [read more]

Decisions Have An Opportunity Cost That Require Tradeoffs
06.16.2013 | Opportunity Cost: Google Doodles

How could a Google Doodle cost $268 million? For the Les Paul Google Doodle (below), the design and construction, bandwidth, server space–all… [read more]

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