The Dangerous Economist

The Blog of Cyril Morong

Sunday, February 28, 2010

There Is A Funny Economist Out There

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No, really, there is. My students will find this hard to believe after the groaners I tell in class. But Yoram Bauman, who has a Ph. D. in e...
Friday, February 26, 2010

Should The Sale Of Tiger Parts Be Legal?

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This week in one of my classes we read a chapter titled ""Bye, Bye Bison" from the book The Economics of Public Issues . The ...
Wednesday, February 24, 2010

What Was The Rate Of Inflation Last Year? Was It Positive Or Negative?

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First, a note to my students. I added some links and informaton to the last post on religion and economics. This may not be as simple a ques...
Sunday, February 21, 2010

Can You Mix Economics With Religion?

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The ancient Greeks sure thought you could. They had a god of commerce and a god of wealth. You can read about them at Britannica. Hermes (co...
Friday, February 19, 2010

World Unemployment Rates And The Ideal Inflation Rate

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In my macro classes this week, I talked about unemployment. Our policy goal is full-employment which means we want to have the lowest rate o...
Wednesday, February 17, 2010

Employment Over Time

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We all know that the unemployment rate is high at 9.7%. The recession has been tough. But until the last couple of years, the long-term pict...
Sunday, February 14, 2010

A Special (Economic) Valentine's Message On Romantic Love

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What can an economist say about love on this holiday? You'd be surprised. But first, here is a link to an interesting story in yesterday...
Friday, February 12, 2010

So How Is The Recession Affecting America's Drinking Habits?

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There was an article in the San Antonio Express-News last week called Recession enough to drive a liquor salesman to drink . Apparently peo...
Wednesday, February 10, 2010

Liechtenstein In Number One!

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In per capita GDP, that is. In my macro classes this week we started talking about GDP (gross domestic product or the value of all the goods...
Sunday, February 07, 2010

Can You Put A Price Tag On Love?

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That might sound sacrilegious, especially with Valentine's day coming up. But "Online dating is a $976 million annual industry in t...
Friday, February 05, 2010

Maybe That College Degree Is Not As Valuable As You Thought

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It seems that previous estimates were wrong. That is the gist of a WSJ article titled What's a Degree Really Worth? An often cited figu...
Wednesday, February 03, 2010

Banning Cell Phones While Driving And A Lesson In Ceteris Paribus

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The article is Report: Study shows cell phone bans don’t lower accident rates . A study found that states that banned using hand-held cell p...
Sunday, January 31, 2010

Why It Is Hard To Use Cost-Benefit Analysis

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In my classes last week and this upcoming week, one of the topics is how government policy affects markets. We would like to see the benefit...
2 comments:
Friday, January 29, 2010

Is Avatar Really King Of The Box Office?

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That is the title of an article you can read by clicking on Is Avatar Really King Of The Box Office? . There is a website called "Box O...
Wednesday, January 27, 2010

Should People Be Allowed To Sell Their Kidneys And Other Organs?

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This came up in one of my classes this week when we discussed a chapter from the book The Economics Of Public Issues . Alex Tabarrok had a g...
5 comments:
Monday, January 25, 2010

Is It Hard For A Successful, Well Educated Women To Find Mr. Right?

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This question was raised in a recent Wall Street Journal article called The Right Man Is Getting Harder to Find . It seems like there are ju...
3 comments:
Saturday, January 23, 2010

Small Changes In Growth Rates Add Up Over Time

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In my macro courses we read a chapter in the book "The Economics of Macroissues." The chapter discussed how nations with common la...
Wednesday, January 20, 2010

Economists Love Fables And Parables (Or, The Essence Of Economic Analysis)

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Nobel Prize winning economist Paul Krugman wrote the following in Slate magazine back in the 1990s: “Economic theory is not a collection of ...
Sunday, January 17, 2010

Should We Tax Cosmetic Surgery To Help Pay For Health Care Insurance?

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This the question raised in Knives Drawn Over the 'Botax' . The article says: "Leading makers of antiwrinkle drugs, breast impl...
Friday, January 15, 2010

Universities Favor Athletes In Admissions

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Read Admissions exemptions aide athletes By ALAN SCHER ZAGIER. I saw the article in the 12-31-09 San Antonio Express-News, page 2E. "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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