The Dangerous Economist

In macroeconomics, the definition of "structural unemployment" is usually something like "unemployment caused by a mismatch b...

Click on the following video link to find out: Who Was Alex P. Keaton's Favorite Economist? You will only have to watch a few minutes to...

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

Well, sort of. See 'Liar Liar,' 'Nutty Professor' Director's Life Has Taken Quite The Turn . It is about Tom Shadyac who...

It provides some interesting insights into his theories. It is about 4 minutes long. Click here to go to the You Tube page that has it

See Making Ads That Whisper to the Brain from this past Sunday's New York Times. Here is the opening: "WHAT happens in our brains ...

Maybe not much. But a paper on vampires and a book on innovation both use an article I wrote as a reference. The article of mine that they b...

Yesterday was Veteran's Day. But at one time it was called Armistice Day because World War I ended on Nov. 11, 1918. Once the war was ov...

Noé Hernández Cortez is a professor at Universidad del Valle de México, Campus Coyoacá. Here is the link to his blog: Noehernandezcortez...

In my microeconomics class this week I talked about monopsony, when there is only one buyer. Before 1976, baseball players could only play f...

See Microscopic Microeconomics . It was in last Sunday's New York Times magazine. It described research where people were given money t...

Has another year gone by already? Today is "Day of the Deadweight Loss." On this day, economists mourn all the social welfare that...

They might be. Report: Net cost of college has dropped from the Washington Post . The basic idea is that although the stated price (tuition...

This week in one of my macro classes we read a chapter about investing in the stock market in the book The Economics Of Macroissues . Part o...

In my micro class this week, we read a chapter from The Economics of Public Issues about drugs. Read Saving Mexico: To weaken the cartels, s...

See High Battery Cost Curbs Electric Cars: Unlike Other Devices, Power Packs May Not Enjoy Major Economies of Scale from The Wall Street Jo...

See Merkel says German multi-cultural society has failed . Here is the intro: "Germany's attempt to create a multi-cultural society...

See College Degree Winners and Losers . The criteria included "...what's hot and what's not with with HR recruiters...salary da...

The winners were Peter Diamond, Dale Mortensen, and Christopher Pissarides. See Markets with search costs . That is the announcement from th...

See Walmart Rolls Back Rollbacks: Food Prices at Two-Year High . One thing I usually say when I lecture on supply and demand is that firms c...