Economic Growth

Growth is crucial for a market economy. Econlife looks at the different microeconomic and macroeconomic variables that affect growth like human capital, technology, and natural resources and monetary and fiscal policies.

  • Everyday economics and Uber

    How High Can a Taxi Fare Go?

    Dec 28, 13 • 952 Views • No Comments

    Tough to get in rain, ice or snow, NYC cabs never seem to be around when I need them. That is what makes Uber such a great story. First used in San Francisco, the idea behind Uber was to make more rides available when city licensing codes prohibited it. Since...  [read more]

  • almond demand and supply

    A Nutty Demand and Supply Story

    Dec 26, 13 • 1538 Views • No Comments

    Our almond story starts on the demand side in China with a name change. Just like apricot kernals, California almonds had been called xing ren until the apricot kernel growers accused the Americans of “deceiving consumers.” Trying to minimize a...  [read more]

  • Nigerian currency

    Figuring Out African Development

    Dec 21, 13 • 674 Views • No Comments

    In Chimamanda Adichie’s Americanah, we meet Ifemelu and Obinze. Representative of Nigeria’s upper class, they are a part of a story that takes the reader to Princeton, Yale, Philadelphia, Baltimore and London but always with a home base in...  [read more]

  • Jeff Bezos entrepreneur

    Fascinating Facts About Jeff Bezos

    Dec 20, 13 • 492 Views • No Comments

    Try typing Relentless.com. A name that Jeff Bezos and his wife had considered when they created Amazon, still today, it takes you there. Some Jeff Bezos facts from The Everything Store: As a 6th grader, he was typical of a certain kind of competitive child....  [read more]

  • saltwater and freshwater economists

    Economic Coloring Books

    Dec 19, 13 • 659 Views • No Comments

    To what extent are you a freshwater or saltwater economist? Several coloring books might help you decide. But first, some background… The original homes of the freshwater economists were the Universities of Chicago, Minnesota and Rochester while the...  [read more]