Households

In a circular flow model, households are the source of consumption expenditures and land, labor and capital for businesses. Econlife looks at all of the activities of households that include spending, taxes, education, health care and income.

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    A Happiness Check

    Oct 9, 11 • 572 Views • No Comments

    The jobs, income and wealth scene is a bit bleak. Unemployment has soared, many workers are earning less, the government owes a ton of money, the stock market has been down, up, and down again, housing prices have plummeted and 25% of us have lost more than......  [read more]

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    Paying the Simpsons

    Oct 7, 11 • 637 Views • No Comments

    Rather than accept a 45% salary cut, the voices of Bart, Homer, Marge and Lisa have said this might be their last season. Reportedly paying close to $8 million a season to each of the major voices, 20th Century Fox Television said the show had become too......  [read more]

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    Naming Matters

    Oct 5, 11 • 580 Views • No Comments

    Combine something enjoyable like a strawberry with a color that connects to high tech. Then add the one letter that has a “reliable” sound in most languages and what do you get? Blackberry. Actually, the Blackberry might have been called the......  [read more]

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    Who Are We?

    Sep 29, 11 • 565 Views • No Comments

    Environmental concerns? You might want to look at what the The American Community Survey for 2010 says about who drives alone to work (105 million) and how many of us take public transportation (7 million). If education is your focus, one table in the Survey......  [read more]

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    Environmental “Nudges”

    Sep 20, 11 • 664 Views • No Comments

    Sometimes a nudge is not enough. According to science writer Jonah Lehrer, society has to do more than “nudge” us when it wants to change our behavior. When Sacramento, California wanted to diminish energy usage by showing customers what their......  [read more]