econlife.com
@Econlife
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Connecting economics with everyday life, econlife slices away all of the layers that make economics boring and complex.
New York, NY
Joined September 2010
During the pandemic, reduced consumption of McDonald's fries decreased potato demand. This affected suppliers like Cranney Farms in Idaho, which created a mound of unsold potatoes that anyone could access. Now, Berlin also has piles of potatoes. https://t.co/FSWsx3oeVn
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Dear Jenna, Whenever I sit down to plan out my day, I always think everything will take less time than it actually does. Why do I keep underestimating how long things will take? Today on econlife: https://t.co/KwfWzxpLe8
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Recenty I found myself seated next to a Hermès sales associate. Having written about the Birkin bag in econlife posts, I was delighted. Rather than any economics of scarcity, her perspective was quality. But there is so much more: https://t.co/erGptvZSNk
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Because 19 states hiked their minimum wage, some of us will earn more. The cost though can be more than the wage. Let’s take a look. Today’s econlife blog: https://t.co/eWl8Gl7USa
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As of yesterday evening, NYC’s Central Park reported 10 inches of snow. You can see how much it could cost. Today’s econlife blog: https://t.co/ZLUkIpucll
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More and more, we like our hot stuff. Among the sauces that Euromonitor tracks, chili sauce is the one group that grew. Today’s econlife blog: https://t.co/Gx5XQt0Ik5
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The Congressional Budget Office recently published the most up-to-date information on income distribution. Through their data, we can get a better picture of what we share through taxes. Today’s econlife blog: https://t.co/Iz8Kk0PiFV
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Dear Jenna, I’ll feel proud of something I worked hard on—a high grade or salary increase. Then I see a contemporary doing something bigger, the good feeling disappears. Why does their success make mine feel smaller? https://t.co/ZmEFhgfCbG
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At record rates, Gen Z and Millennial men are becoming cat dads. Cat households were up 23% in 2024 (49M) vs. just 4% for dogs (68M). With cat households multiplying, we can assume they’re spending more on their cats. Today’s econlife blog: https://t.co/SbspuPemSd
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The U.S. wine industry is changing. Let’s take a look. Today’s econlife blog: https://t.co/c0vd5Ixx80
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Eight years ago, Trevor Noah shared that his 91-year-old Grandma in South Africa couldn’t watch him on The Daily Show because she had no electricity—so he bought her a generator. Now, there’s another solution. https://t.co/InMb6Ertso
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In 1932, the NYC Noise Abatement Commission received a letter from Mr. N. Schmuck in Brooklyn about the noise from a nearby pickle factory. Noise, though, is more than a nuisance. It has a dollar cost. Today’s econlife blog: https://t.co/FsP8AXVjlZ
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Dear Jenna, At dinner with friends recently, everyone seemed to agree on something that I wasn’t totally sure about. I went along with it, but later I realized I might have thought differently on my own. >> https://t.co/kC3k9a4lLW
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You, (like I) might be wondering why the highest tariffs in our memories (and long before) appear to have minimally upset our economy. There is a reason. But it might not last. Today’s econlife blog, 'The Real Tariff Story' https://t.co/j0SHW4fHyR
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President Trump said he is considering a one-year 10% cap on credit card interest rates. Classic economics, a cap is a ceiling with a slew of tradeoffs. We should take a look. Today’s econlife blog: https://t.co/beloebMiq9
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WSJ recently showed us four stock market declines, “Will Stocks Crash in 2026?” With a bubble defined as “…a large price decline after a large price increase,” they might also have asked if a bubble will soon burst. > https://t.co/dKYcQMY6T8
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Whether looking at toys or travel and a slew of other topics, our econlife 2025 Holiday Quiz has some surprises >> https://t.co/Q6F2ej5Rzb
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Producers of everyday electronics could face a supply problem. DRAM—the memory powering our phones, laptops, and other devices—might be sidelined by rising demand for AI data center chips. Read more on today’s econlife blog: https://t.co/mYwLBsVLqL
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Dear Jenna, When I checked into a hotel over winter break the first experience was stressful and disappointing. The rest of the stay was fine. Why does the beginning seem to define the whole experience? Today on econlife> https://t.co/qwxiiNTV59
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Last summer, we asked if pizza deliveries could signal Pentagon activity. Now we have the same question. Today’s econlife blog: https://t.co/LwxyD37j3v
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