Sunday, November 29, 2009

Looks Like Some Pretty Good Capitalists Run The Congress

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Go to Policy, portfolios and the investor lawmaker: As stock ownership rises in Congress, experts warn of potential ethics concerns from th...
Friday, November 27, 2009

I Have Alot To Be Thankful For Since I'm Soon Going To Be Rich!!

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I got this email a few days ago and it looks like it is from a famous economist. Anybody have any suggestions as to what I should do with $1...
2 comments:
Wednesday, November 25, 2009

Senators And Representatives Get Paid To Talk, But Do We Always Know Who Is Paying Them?

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These legislators make lots of speeches and ask questions at congressional hearings. That is part of their job and maybe they like doing tha...
1 comment:
Sunday, November 22, 2009

Did The Yankees Buy A World Championship In 2009?

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This is actually a cross over post from my Cybermetrics blog . To read it click here .
1 comment:
Friday, November 20, 2009

The Mortgage Delinquency Rate Hits An All-Time High

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In two of my classes this week we discussed the housing crisis over the last few years. The latest news is reported in Mortgage loans: Recor...
Wednesday, November 18, 2009

Leggo Your Eggo: There's a Waffle Shortage

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That is the title of a news article which you can read here . According to the article, "Kellogg is rationing its Eggo products due to ...
Sunday, November 15, 2009

Late Breaking News Bulletin: The depression is over! We're out of the red!

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So said an enthusiastic character in the 1934 movie Stand Up and Cheer! . Here is the video clip of the man getting worked up about how ever...
Friday, November 13, 2009

Get out of here and get me some money too

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That is a line from a song that Peggy Lee (1920-2002) is well known for singing. Below is a video of her singing it with Benny Goodman (19...
Tuesday, November 10, 2009

For People Who Still Have Jobs, Women's Wages Have Risen Faster Than Men's During The Recession

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This was reported in a Wall Street Journal article called Women's Wages Outpaced Men's During Recession . The increase in median wag...
Sunday, November 08, 2009

Being Happy Might Hurt Your Bottom Line

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This came up in two articles recently. The first is Don’t Worry, Be Happy: The Warranty Psychology . The article suggests that people are ve...
Friday, November 06, 2009

Sports, Economics and Politics Collide When Government Officials Get World Series Tickets

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The article is Lawmakers Score Ticket Deal: Baseball Sells Officials Scarce World Series Seats at Face Value, Far Below Going Rate . Why wou...
Wednesday, November 04, 2009

Want Your Neighbors To Know How Much You Made Last Year And Your Net Worth? Move To Norway

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Every year the govenment publishes the "skatteliste" or "tax list" "to uphold the country's tradition of transp...
Sunday, November 01, 2009

Some Women Actually Want Polygamy Legalized

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The reasons seem to be mainly economic. It was in a New York Times article . It was an actually an exerpt of another, longer article (link b...
Friday, October 30, 2009

Structural Unemployment In The News

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In my principles of macroeconomics courses and my survey of economics course we have covered the different types of unemployment. They are s...
3 comments:
Wednesday, October 28, 2009

Crime and Punishment: Required Reading in My Economics Class

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Okay, it is not the book Crime and Punishment by Fyodor Dostoevsky (this is a link to the entire book online). I will come back to this boo...
Sunday, October 25, 2009

Anxious? High Strung? You Might Be The Ideal Worker

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There was an interesting article a few weeks ago in the New York Times magazine called Understanding the Anxious Mind by ROBIN MARANTZ HENI...
5 comments:
Friday, October 23, 2009

What If You Discovered That You Liked Celine Dion? (How One Company Tried To Determine Buyers' Tastes And Preferences)

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The article is called The Song Decoders and it was in the New York Times magazine a couple of weeks ago. It is about a company called Pando...
6 comments:
Wednesday, October 21, 2009

Fed Officials Disagree On Threat Of Inflation

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The Fed, or Federal Researve Board, controls monetary policy in the United States. The more money in the economy, the more demand for all go...
2 comments:
Sunday, October 18, 2009

Beeville, Texas Makes The Wall Street Journal

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But, unfortunately, the news is not good. It is all about how the town has been impacted by the recession. The article is Drop in Natural-Ga...
2 comments:
Friday, October 16, 2009

Smoking As A Negative Externality

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I discussed negative externalities in all of may face-to-face classes this semester. Negative externalities are costs imposed on third parti...