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.

  • 16234_3.8_000009269579XSmall

    Bikes-For-Hire and the British Coastline

    Mar 8, 11 • 308 Views • No Comments

    London’s new bikes-for-hire program is about more than bikes. Launched this summer, the program had to solve a mismatch between supply and demand. In certain places there were too few bikes for the number of people who wanted them. In other spots, the...  [read more]

  • 16227_2.21_000006135757XSmall

    Oil Dilemmas

    Mar 4, 11 • 334 Views • No Comments

    The good news? We are driving more again–more miles than any year since 2007. The bad news? We are driving more again–more miles than any year since 2007.. Here are the facts from a WSJ article. With the recession and higher gas prices,...  [read more]

  • 16225_7.19_000006524235XSmall

    What is Best For Growth?

    Mar 3, 11 • 244 Views • No Comments

    What if the Congress decides to slash spending by $60 billion right now? Prominent economists are again disagreeing. According to Stanford economist John Taylor, we would have a resurgence of business confidence, renewed investment spending and new jobs....  [read more]

  • 16211_2.24_000000237322XSmall

    An Oil Surprise

    Feb 24, 11 • 338 Views • No Comments

    As the turmoil in the Middle East unfolds, if you want to sound knowledgeable about oil, you could just say $147, contango and floating storage. As you can see on this graph, it was mid-July, 2008, when the price of oil peaked at slightly more than $147 a...  [read more]

  • housing prices...16205_4.27_000010774987XSmall

    Paying Less For a House

    Feb 21, 11 • 328 Views • 1 Comment

    In an interesting Politico opinion column, journalist Michael Kinsley wonders why everyone seems to assume that climbing home prices are good. He points out that most people are happy when the prices of essentials like gas go down. So why the opposite for...  [read more]