Elasticity is a term that is used to describe the behavior of a material when it is stretched or compressed. It refers to how easily a material can return to its original shape after being subjected to a force. Elasticity is an important property of materials in many industries, from manufacturing to construction. In this section, we provide news, articles, and videos related to elasticity and its applications.
Many of you have written in and asked what I think of president Bukele throwing all those gang members (and possibly others) in jail without much due process. I do hope to learn more about this, including possibly with a trip to El Salvador later this year. In the meantime, I say let’s put aside […]
When I first read about the discovery of a vast new deposit of lithium in a volcanic crater along the Nevada-Oregon border, I can’t say that I was surprised. Not because I know anything about geology — but because, as an economist, I am a strong believer in the concept of elasticity of supply… Now about elasticity of […]
"Hidden-city opportunities emerge when there are significant differences in the price elasticity of demand relating to certain itineraries with stopovers." ~Christopher Lingle