The Dangerous Economist

The Blog of Cyril Morong

Wednesday, October 31, 2007

Taco Bell Gives Away "Free" Tacos, Problems Arise

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Maybe you heard that if a player stole a base in the World Series, Taco Bell would give away a free taco to anyone who wanted one on Tuesda...
1 comment:
Sunday, October 28, 2007

Are Rock Stars "Selling Out?"

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With revenue from the sales of recordings down in recent years, rock stars are looking for other ways to make money. Sales of CDs are down b...
2 comments:
Friday, October 26, 2007

Are Chimps More Rational Than Humans?

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Seems hard to believe. But an experiment suggests it. The article is Chimps choose more rationally than humans . My student BRUNO MEJIA sent...
Wednesday, October 24, 2007

Moral Hazard and the Housing Crisis

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When economists use the term "moral hazard" they mean the fact that when people buy insurance, they might not be as careful as the...
1 comment:
Sunday, October 21, 2007

Want to make $60 an hour? Stand in line for a lobbyist, while its still legal

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Lobbyists in Washington are very busy and their time is valuable. So they don't want to wait in line to get a good seat at a Congression...
1 comment:
Friday, October 19, 2007

When Women Earn More Than Men, Is Dating Affected?

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The New York Times had an articled titled Putting Money on the Table on Sept. 23. It seems that problems arise when a women makes alot mor...
Tuesday, October 16, 2007

The Worst Jobs for the 21st Century

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That's the title of an article from Forbes, which you can read here . It tells us which jobs are expected grow faster in number than ave...
Sunday, October 14, 2007

What has happened to wages and employment since NAFTA went into effect?

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The San Antonio Express-News had an article on this in today's paper called More jobs, higher pay in years after NAFTA . I highly reco...
Friday, October 12, 2007

Is It Too Easy For Students To Get Credit Cards?

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It seems that college students are inundated with credit card offers. Some of these cards have fine print which show, for example, that if y...
1 comment:
Tuesday, October 09, 2007

More Proof That Tradeoffs Are Everywhere: Blind People Don't Like The New, Quiet Hybrid Cars

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How could anyone not like hybrid cars? They use less gas so there is less pollution and we conserve on a scarce resource. But they are so qu...
Sunday, October 07, 2007

Will the Rising Use of Student Loans Hurt the Economy?

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There is an interesting article by Marcy Gordon of the Associated Press called Student loans sow seeds of economic ills . The amount of mone...
1 comment:
Friday, October 05, 2007

Is the Stock Market a Good Investment?

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The market closed over 14,000 today. If you had invested in the market about 5 years ago, you would have earned a compound annual rate of r...
1 comment:
Tuesday, October 02, 2007

Radiohead Lets You Name Your Price

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The band Radiohead is trying an experiment to let you pay whatever you want for the digital version of their latest album. Will this work? O...
Sunday, September 30, 2007

Can it be Fair to Cheat?

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A September 23 article in the Boston Globe by Drake Bennett called Bad sports: Why people cheat when they don't have to . He mentions s...
Friday, September 28, 2007

The Economics of Leaving a Low Carbon Footprint

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An article called A Green Revolution for Your Budget , gives the thoughts of Colin Beavan on how to save money and help the environment at t...
1 comment:
Tuesday, September 25, 2007

What Does John "Cougar" Mellencamp Mean in that Chevy Commercial?

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Maybe you have seen the Chevy commercial with John "Cougar" Mellencamp singing. One of the lines in the song is "the dream is...
1 comment:
Sunday, September 23, 2007

When it Comes to the Economy, It looks Like Politics as Usual

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There is a theory called "the political business cycle" that posits that the party in the White House will try to get a little ext...
Friday, September 21, 2007

Statistical detectives, including economists, are changing the world

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The New York Times had a review of the book Super Crunchers: Why Thinking-by-Numbers Is the New Way to Be Smart by Ian Ayres. The basic id...
4 comments:
Tuesday, September 18, 2007

Should the Government Pay People to Have Sex?

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Sounds crazy, but a Russian Governor thinks that it is a good idea. To fight a dwindling population married couples are given time off from ...
2 comments:
Sunday, September 16, 2007

Environmentalists vs. . . . other environmentalists? Or, are birds more important than clean, cheap energy?

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The San Antonio Express News had an article on the front page yesterday called It's down to the wire for bird lovers to make a bid to h...
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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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