The Dangerous Economist

Here are a couple of links that look at this quesion. Ponds and Streams: Wealth and Income in the U.S., 1989 to 2007 by Arthur B. Kennick...

In economics we say that there are three resources: land, labor and capital. Maybe willpower should be added as a fourth resource. See Willp...

See IGM Economic Experts Panel . Here is the description: "This panel explores the extent to which economists agree or disagree on majo...

See Birth Rate Continues to Slide Among Teens by TIMOTHY W. MARTIN in the 11-18 WSJ. "The birth rate among American teens fell to its ...

See Animal McMansion: Students Trade Dorm for Suburban Luxury from the 11-12-11 NY Times . Excerpts: "While students at other colleges...

See Congress insiders: Above the law? . Here is a brief excerpt: "* Members of Congress have bought stock in companies while laws that ...

Here is the link: Occupy movement only beginning, political science professor says I submitted an op-ed piece in reply. It is below. I guess...

See The Hidden Toll of Traffic Jams by ROBERT LEE HOTZ, science writer for the WSJ. In my macro classes earlier this semester I talked abou...

For the data, see Money Stock Measures from the Federal Reserve. From October 2010 to October 2011, M1 was up about 21% while M2 was up abo...

Below is a graph from Macroeconomics (6th Edition) by Andrew B. Abel, Ben S. Bernanke and Dean Croushore. A question about this came up in ...

This past week in my microeconomics class, we read a chapter about trash in the book The Economics of Public Issues . It raised the issue of...

See The Rich Get Poorer by Greg Mankiw, Harvard economics professor. Here is his blog post: "Here is a fact that you might not have he...

I recall a commercial like this back in 1985 or 1986. It paints a bleak picture of America in the future, presumably caused on the growing n...

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...

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

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...

Click here to read this interesting article from today's NY Times . Excerpts: "...nearly all net job creation in America comes fro...

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...

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...

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...