banner
econlife.bsky.social
@econlife.bsky.social
Famous for their coconuts, Indonesia’s Banggai Islands Regency have a new name and owner—“Luckin Exclusive Coconut Island.” With a coconut latte its flagship drink and a whopping 500,000 coconuts used daily, Luckin added an island to its competitive toolkit. #econlife econlife.com/2025/09/coff...
September 12, 2025 at 1:28 PM
Called the diamond water paradox, Adam Smith wondered why diamonds cost more than water when we need water to survive and diamonds are merely an extravagant luxury. Years later, economists had the answer. It took them to the margin. #econlife econlife.com/2025/07/drou...
July 25, 2025 at 5:28 PM
The IMF tells us that the 70s are the new 50s. And yes, ask any 76-year-old how old they feel and the answer will be close to 45. As a result, aging has just gotten a bit more complicated. #econlife econlife.com/2025/07/agin...
July 22, 2025 at 1:45 PM
Recently, bidders offered $10.1 million for a purse while a sled sold for $14.75 million. By looking at auction economics, we can understand those gob-smacking prices. #econlife econlife.com/2025/07/auct...
July 20, 2025 at 9:10 PM