The Dangerous Economist

The Blog of Cyril Morong

Sunday, October 30, 2011

What is the unemployment rate for people with college degrees?

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4.2%. The median weekly income for college grads is $1,072 while it is $636 for high school grads. See Gloom Widespread as College Grads Fac...
Friday, October 28, 2011

Untangling the Long-Term-Unemployment Crisis

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Click here to read this article by David Wessel of the WSJ . Excerpts: "...according to Fed governor Daniel Tarullo.. .there is little...
Wednesday, October 26, 2011

Women and the pay gap

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This is a post from April 2007. This issue came up in one of my micro sections this week. The American Association of University Women issue...
Sunday, October 23, 2011

Will Dropouts Save America?

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Click here to read this interesting article from today's NY Times . Excerpts: "...nearly all net job creation in America comes fro...
2 comments:
Friday, October 21, 2011

Should companies give healthy workers a break on their health care costs?

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The issue of who deserves government financed health care came up in one of my classes a couple of weeks ago. Megan McArdle had a post at he...
2 comments:
Wednesday, October 19, 2011

Can Economists Learn To Be Ethical?

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I'm not sure you can teach this old dog a new trick like that. See Economists Pen a Code of Ethics By JUSTIN LAHART of the WSJ. Excerpt...
Sunday, October 16, 2011

Can Giving Up Money And Material Things Lead To More Love?

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Life is full of tradeoffs, as we often say in economics. But a recent study suggests that couples who make money and material things less of...
Friday, October 14, 2011

Was Steve Jobs A Hero?

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I provide some thoughts and links below, but first, a brief commercial message: If you understand the title of this blog, you know I that I ...
Wednesday, October 12, 2011

Some Information On This Year's Winners Of The Nobel Prize In Economics

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See Nobel Winners Saved Macroeconomics After Keynes by Edward Glaeser, writing for Bloomberg (Edward Glaeser is an economist as well). The ...
Sunday, October 09, 2011

Economics Helps Swedish Poet Win The 2011 Nobel Prize in Literature

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See Swedish Poet Transtromer’s ’Translucent Images’ Win Nobe l from Bloomberg Businessweek. Excerpts: "Tomas Transtromer, a Swedish po...
Friday, October 07, 2011

How Much Tax Revenue Could Legalizing Marijuana Raise?

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This question came up in class this week and a student sent me a link about it. See The Budgetary Implications of Marijuana Prohibition by ...
Thursday, October 06, 2011

"Data guys" More Important In Business Due To "Moneyball"

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See When Data Guys Triumph by CADE MASSEY and BOB TEDESCHI, NY Times business section, 10-2-11. Oakland A's general manager Billy Beane...
2 comments:
Sunday, October 02, 2011

How Well Do You Really Know The Rules of Acquisition?

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Where would the economy of this quadrant of the galaxy be without the entrepreneurial spirit of the Ferengi? What is the foundation for thei...
Friday, September 30, 2011

A Reversal Of Structural Unemployment?

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See Supermarkets start bagging self-serve checkouts: More supermarkets bagging do-it-yourself checkout lanes in name of customer service by...
Wednesday, September 28, 2011

Why is college so hard?

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Here is the link: Why is college so hard?
Sunday, September 25, 2011

College degrees that can attract employers

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Click here to read the article . Here are the top 5 they listed: Degree #1 - Bachelor's in Business Administration Degree #2 - Bachelor...
Friday, September 23, 2011

Will There Be A Pumpkin Shortage This Year?

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See The Great Pumpkin Shortage: Stormy Summer Limits Supply In Northeast By MEGAN GIBSON of Time.com. Here is an excerpt: "As much as ...
Sunday, September 18, 2011

Josh Hamilton’s grand slam causes a flooring and countertop shortage

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Click here to read the story . Or just read it here: "ARLINGTON, Texas (AP)—A Dallas carpet company has had trouble with its website mu...
Friday, September 16, 2011

Could Those Hours Online Be Making Kids Nicer?

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What would Adam Smith say, especially the one from Wednesday's post? Click here to read the Wall Street Journal article about this . May...
Wednesday, September 14, 2011

Adam Smith vs. Bart Simpson

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In March of 2010, I attended a lecture by Paul Zak, a neuro-economist from Claremont Graduate University, at the Mind Science Foundation . 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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