The Dangerous Economist

The Blog of Cyril Morong

Friday, November 30, 2012

More On Poverty

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Last year I had a link about the Gini coefficients for wealth. Go to What has happened to the distribution of wealth in recent years? To ...
Tuesday, November 27, 2012

Some Possibly Surprising Facts About Poverty

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I have been covering poverty and the distribution of income in micro this week. Here are some interesting links from the blog of economist M...
2 comments:
Sunday, November 25, 2012

Real Per Capita GDP Over Time

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I used data from the Commerce Department's Bureau of Economic Analysis. The graph below shows GDP per capita in 2005 dollars since 1929....
1 comment:
Friday, November 23, 2012

An Essay In Honor Of "Small Business Saturday" And Entrepreneurs Everywhere

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Tomorrow is "Small Business Saturday." Here is what an article from the San Antonio Express-News says about it: "American ...
2 comments:
Wednesday, November 21, 2012

Parkinson's Law: A Book That Should Be Required Reading At All Colleges

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It was written by C. Northcote Parkinson. Click here to go to the Amazon listing . Here is there description: "Parkinson's Law s...
2 comments:
Sunday, November 18, 2012

Are Electric Cars Cost Effective?

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See JD Power study: Electric vehicle economics don't pencil out . Excerpt: "“EV owners report an average monthly increase in thei...
7 comments:
Friday, November 16, 2012

Are Pessimistic "Animal Spirits" Still Hurting The Economy?

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Ben Bernanke seems to think so. See Bernanke: Banks' tight standards hurting economy . "Federal Reserve Chairman Ben Bernanke say...
1 comment:
Wednesday, November 14, 2012

Why High Taxes To Pay Back The Debt Might Be A Problem For Economic Efficiency And Future Economic Growth

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This is a continuation of Sunday's topic. Suppose that you buy a new shirt every month for $20. But now there is a high tax on shirts ...
Sunday, November 11, 2012

The Deficit Trials 2017 A. D.

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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...
Friday, November 09, 2012

A College That Costs $61,236 A Year?

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It is Sarah Lawrence College. That includes tuition, fees, room, and board. See Sticker Prices Go Up at Public 4-Year Colleges, but at a Slo...
Wednesday, November 07, 2012

"Born Loser" Explains The Free Rider Problem

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Sunday, November 04, 2012

Is there sufficient evidence to conclude that women experience systematic pay discrimination?

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Not according to Harvard economist Claudia Goldin. See The Truth About the Pay Gap: Feminist politics and bad economics by Steve Chapman. H...
Friday, November 02, 2012

Don't Forget That Tomorrow Is Day Of The Deadweight Loss

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On this day, economists mourn all the social welfare that has been lost in the last year. That social welfare is lost and we will never get ...
Wednesday, October 31, 2012

Before You Criticize Free Trade, You Should Read Douglas Irwin's Book Free Trade Under Fire

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Here is the the Amazon link: Free Trade Under Fire: Third Edition I think it does a good job of debunking and refuting many of the mis-c...
Sunday, October 28, 2012

You Can Make How Much Just For Passing A Drug Test?

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See Regulator says pipeline fight raises issues for lawmakers . Excerpt: "[Barry] Smitherman, whose agency regulates the oil and gas ...
Friday, October 26, 2012

Wow, The World Series Sure Is Expensive-It Costs $140 . . . Just To Park!

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See Better bring a lot when parking at World Series . Excerpt: "The San Francisco Giants have been among the industry leaders in ...
Wednesday, October 24, 2012

A Good Spanish Blog On Economics By Noé Hernández Cortez

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Noé Hernández Cortez is a professor at Universidad del Valle de México, Campus Coyoacá. Here is the link to his blog: Noehernandezcortez...
Sunday, October 21, 2012

Philosophy Professor Says We Should Let People Sell Their Vote

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No, kidding, really. See The argument for vote buying by James Stacey Taylor, an associate professor of philosophy at the College of New Je...
Friday, October 19, 2012

Is College Still A Good Investment?

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See Regardless of the Cost, College Still Matters by Michael Greenstone and Adam Looney of the Brookings Institution. Excerpts: "In ...
Wednesday, October 17, 2012

Is Storytelling Important For The Economy?

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" It's the economy, stupid "-James Carville, strategist for Bill Clinton in the 1992 presidential campaign " The human ...
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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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