The Dangerous Economist

The Blog of Cyril Morong

Wednesday, December 10, 2025

Capitalism, rationality and double-entry bookkeeping

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In his book Capitalism, Socialism, and Democracy the economist Joseph A. Schumpeter discussed the deep and widespread rationalizing inf...
Tuesday, December 09, 2025

Alternative Measure of October Inflation Finds It ‘Remains Firm but Not Frightening’

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By Harriet Torry of The WSJ . From Nov. 13, 2025. Excerpt: "There's no consumer-price index out today—as originally scheduled befo...
Monday, December 08, 2025

Companies Predict 2026 Will Be the Worst College Grad Job Market in Five Years

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Hires from the Class of 2026 will stay largely flat, employers project, as layoffs rise and AI is able to do more entry-level tasks By Linds...
Sunday, December 07, 2025

Expectation of future price and electric cars

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See  American Consumers Lose Patience With High Car Prices: Shoppers are downsizing, buying used vehicles, taking on longer car loans and ho...
Thursday, December 04, 2025

Do employers still think that a college degree is a good signal of future productivity?

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See  It’s Too Early to Write Off College Degrees: Companies are favoring multitool graduates with broad skill sets by  Callum Borchers of T...
Wednesday, December 03, 2025

Apartment rents drop further, with vacancies at record high

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By Diana Olick of CNBC .  The national median rent for apartments fell 1% in November from October, and now stands at $1,367, according to A...
Monday, December 01, 2025

The College Sports Crisis

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Athletes who don’t study, coaches who are overpaid, the system’s a mess By William McGurn of The WSJ . Excerpts: "the $19 billion indus...
Sunday, November 30, 2025

Looks Like Some Pretty Good Capitalists Run The Congress

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This is originally post from 2009. Go to Policy, portfolios and the investor lawmaker: As stock ownership rises in Congress, experts warn of...
Friday, November 28, 2025

The effects of unemployment benefit duration

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What happened to the US labor market after the Emergency Unemployment Compensation Act expired after the Great Recession? By Tyler Smith of ...
Thursday, November 27, 2025

Were The Pilgrims Capitalists Or Socialists?

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See The Pilgrims Were ... Socialists? from The New York Times . There seems to be some controversy. One story has them owning property in...
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About Me

Cyril Morong
I am a retired economics professor. My email address is cyrilmorong@sbcglobal.net
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