Lifestyle

  • Tradeoffs to Preserve Pandas

    Is the Price of Protecting Pandas Too High?

    Mar 5, 14 • 385 Views • No Comments

    By Madeleine Vance, guest blogger and student at Kent Place School This summer, I had an incredible opportunity to travel through China including a stop to see the giant pandas in Chengdu, the capital of Sichuan province. Although the pandas didn’t...  [read more]

  • Movie Attendance Price elasticity

    The Cost and Benefit of An Oscar

    Mar 4, 14 • 311 Views • No Comments

    An Oscar could be worth 4 years. Hypothesizing that higher social status can extend a life, researchers report that actors who win an Academy Award can expect to live 3.9 years longer than those who lost. Their conclusions were based on data from 72 years of...  [read more]

  • Greenhouse Gases from Ruminant Animals

    Why Are Steak Prices Rising?

    Mar 2, 14 • 405 Views • No Comments

    In 1918, a filet mignon at Delmonico’s Restaurant would have cost $1.65. That same item on their 2014 menu is $48.00. However, according to the BLS inflation calculator, if the price had remained the same, it would now be $25.56. Including variable...  [read more]

  • camera female stereotype images glass ceiling

    Changing Female Images

    Feb 24, 14 • 298 Views • No Comments

    Facebook’s COO Sheryl Sandberg said, “You can’t be what you can’t see.” When econlife looked at women and the symphony orchestra several weeks ago, we first saw a world that, in 1970, was 95% male. Musical directors only saw men...  [read more]

  • Price Elasticity, dynamic pricing and traffic congestion

    Unexpected Consequences From Fuel Economy

    Feb 19, 14 • 521 Views • No Comments

    Hoping to cut costs at the pump and buy less foreign oil, President Obama said in his 2014 State of the Union address that medium and heavy duty vehicles would be the next target. A part of the CAFE mandate that started with 1975 legislation, Corporate...  [read more]