The Dangerous Economist

The Blog of Cyril Morong

Thursday, October 30, 2008

How About A Little Buy-ology

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That is the name of a new book that was just reviewed in the Wall Street Journal. You can read that review by clicking on Science Comes to S...
Tuesday, October 28, 2008

Professors Donate More Money To Obama 8.33 to 1

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This is from an article in the Chronicle of Higher Education called Donors From Academe Favor Obama by a Wide Margin . You will probably ne...
Sunday, October 26, 2008

A Good Summary Of The Financial Crisis

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It was an article in the San Antonio Express-News this past week by financial expert Scott Burns. The title was How History Is Likely To See...
1 comment:
Friday, October 24, 2008

Study: Half of American Doctors Give Patients Placebos Without Telling Them

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That is the name of an article which you can read by clicking here . This is the intro: "About half of American doctors in a new study ...
1 comment:
Wednesday, October 22, 2008

Hot, Flat, and Crowded

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That is the name of a book by Thomas Friedman, a New York Times columnist. I will get to it below. But first, if any students are interested...
2 comments:
Sunday, October 19, 2008

Want A Car That Gets 64 Miles Per Gallon?

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The price of gas is coming down, but it would be foolish to think it will stay low for very long. So who makes this car and when can you get...
2 comments:
Friday, October 17, 2008

Japan Has A Banana Shortage And Guess What Happened?

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You can read all about it here Japan Goes Bananas For New Diet . It seems that there is a new fad diet where you eat bananas in the morning....
Tuesday, October 14, 2008

Why Simple Models Work, According To Nobel Prize Winner Paul Krugman

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This entry is basically a repeat of one from about 2 years ago but with one excerpt added in. For any of my students, here is a link that ta...
Sunday, October 12, 2008

How Did The Financial Bailout Bill Pass? Votes Were Bought

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Shocking? Maybe not. Maybe it was appropriate since the bill was all about money to begin with. You can read all about in Tax breaks big and...
1 comment:
Thursday, October 09, 2008

There's No Such Thing As A Free Lunch (Or A Free Concert)

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A couple of weeks ago jazz legend Dave Brubeck and his quartet were the headline act for "Jazz Alive" here in San Antonio. It took...
Tuesday, October 07, 2008

There Is A Great New Blog Called "Heroes of capitalism"

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Here is the link: Heroes of capitalism Here is their description of the blog: "The Heroes: What is a hero of capitalism? Someone who us...
Sunday, October 05, 2008

Can A Product Work Just Because It's Expensive?

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"brands can not only reflect who we are but also affect how we behave." That comes from today's "consumed" column i...
3 comments:
Friday, October 03, 2008

The Government Bailout: Are We Replacing Market Failure With Government Failure?

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President Bush has signed the bailout bill. So the government will start buying assets from the banks. These assets are hard to value. They ...
Tuesday, September 30, 2008

Did Economist Hyman Minsky Predict The Financial Crisis?

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You can read about it at Financial meltdown: Hyman Minsky warned us this would happen Here is a key exerpt: "At its core, the Minsky vi...
Sunday, September 28, 2008

Is The Economy A Bathtub? Are The Patient's Arteries Clogged? Welcome To The World Of Economic Metaphors

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The Wall Street Journal had an article recently called In Financial Crisis, Metaphors Fly Like Bad Analogies . I guess that when times are u...
Thursday, September 25, 2008

Is Barack Obama "Too University Of Chicago?"

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That was a question asked on MSNBC’s Hardball by Chris Matthews earlier this year. I guess that since Obama taught law at the University Of ...
3 comments:
Wednesday, September 24, 2008

More On The Financial Crisis

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Normally I would have waited until Thursday or Friday to post, but there is alot going on. This link at Yahoo Finance has a good basic set o...
2 comments:
Tuesday, September 23, 2008

It Pays To Be A Male Chauvinist Pig

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Here is a link to the news article Sexist Men Earn More Money: Study The full study is at Click here for the full study . Below are exerpts ...
2 comments:
Sunday, September 21, 2008

Moral Hazard, More News Links On The Financial Situation

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These are all from the Wall Street Journal and give a good overview of what is happening. Shock Forced Paulson's Hand Stopping the Pani...
Friday, September 19, 2008

Freakonomics Has A Good Explanation Of The Financial Crisis

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I usually don't just pass on what I saw at other blogs, especially since I have links to some goods ones. But this is such a big story t...
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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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