Economic History

US economic history starts with the 13 colonies and the transition from communal to individual land ownership, continues with 19th century economic growth and takes us to the role of services during the 20th century. Involving government, consumers and businesses, at econlife, economic history provides more understanding of today’s economy.

When the Coffee Supply Chain Loses a Link

Participating in a coffee supply chain, the Port of Baltimore upset more than a single link when it closed.

How Stock Market Trading Hours Might Change

Perhaps soon to change again, stock market trading hours have varied since 1792 when the weather helped to make the decision.

How a Bridge Collapse Affected Cars, Cruises, and Coal

While the length of the Francis Scott Key Bridge was just 1.6 miles, the cost of its collapse extended around the globe.

When a Digit Makes a Difference

While Lyft is not the only company to experience an expensive typo, the mistakes would be minimized if analysts knew Benford’s Law.

What Pandemic History Can Tell Us

Trying to predict a post Covid future by looking at hundreds of years of pandemic effects, we wind up with uncertainty.

A Tale of Two Canals

Although caused by entirely different reasons, Suez and Panama Canal problems together have shifted supply curves.

Comparing Santa and Amazon

Comparing Santa and Amazon, we can use statistics that reveal equally amazing statistics about package volume.

Selling U.S. Steel for the Second Time

Looking at a 1901 initial public offering and a 2023 Nippon acquisition, we could say that we are selling U.S. Steel for the second time.

How To Boost War Zone Banking

Crucial during peacetime, financial institutions are even more vital for sustaining economic life in a war zone.

Why Coffee Matters in a Merger

With Alaska Airlines offering to acquire Hawaiin Airlines, diminishing airline competition will continue to affect flying (and coffee).