Thursday, April 21, 2016

Are Millennials Buying Cars Again?

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See Millennials are finally arriving in the car market by DEE-ANN DURBIN of AP. Excerpt: "DETROIT (AP) — Millennials were once a sou...
Friday, April 15, 2016

Anxious? High Strung? You Might Be The Ideal Worker

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There was an interesting article a few years ago in the New York Times magazine called Understanding the Anxious Mind by ROBIN MARANTZ ...
Friday, April 08, 2016

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This was a commercial back in 1986. It paints a bleak picture of America in the future, presumably caused by the growing national debt ($2...
Friday, April 01, 2016

Should your company or insurer reward you for meeting exercise goals?

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See Let your boss track your fitness, get an Apple Watch by ANICK JESDANUN of the Associated Press. This reminds me of what economists ca...
Friday, March 25, 2016

The more we build our human and financial capital, the more prepared we are when a downturn comes or to capitalize on other opportunities

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See Oil layoffs are not because companies are greedy . From The San Antonio Express-News, by Christopher E. Baecker, who manages fixed asse...
Friday, March 11, 2016

Do Some Sellers on eBay Have an Edge Over Other Sellers?

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See Male Sellers on eBay Have an Edge Over Women, Study Finds . By PAM BELLUCK of the NY Times. Excerpts: "on average, when men and w...
Friday, March 04, 2016

Amusement Park Changes Its Pricing Strategy

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See Disneyland 'demand pricing' will cost you $5 less on slow days and $20 more when it's busy .  I'm skeptical about Disney...
Friday, February 26, 2016

Okun's Law

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In my macro classes when I talk about how the unemployment rate falls when GDP increases (because greater output usually requires more wor...
Friday, February 19, 2016

Federal Reserve Economists May Have Discovered Another Cause Of Bankruptcy

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See Why You Might Go Bankrupt If Your Next-Door Neighbor Wins the Lottery by Ben Leubsdorf at The Wall Street Journal blog. In case that l...
Friday, February 12, 2016

A Special Valentine's Message On Romantic Love

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The first one is Researchers at AAAS Annual Meeting Explore the Science of Kissing . The following quote gives you an idea of what it is al...
Friday, February 05, 2016

U.S. Economy Added 151,000 Jobs in January; Unemployment at 4.9%

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See Click here to read the NY Times article . One weakness of the unemployment rate is that if people drop out of the labor force they ca...
Friday, January 29, 2016

Who Is Most Likely To Default On Their Student Loans?

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See Should Anyone Be Eligible for Student Loans? by Josh Mitchell of The Wall Street Journal . Excerpt: "For decades, the federal go...
Friday, January 22, 2016

Another Semester Has Started

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Welcome to any new students. The entries usually have something to do with a basic economic principle that is related to a recent news story...
Monday, December 21, 2015

The San Antonio Express-News Printed An Article By Me On Terrorism

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It does not seem to be online anywhere. It is titled "Fight Terror With Entrepreneurship." It is in the Monday, Dec. 21, 2015 edi...
Tuesday, December 15, 2015

What Anthropologist Melvin Konner Fails To See When He Criticizes Economists And Their Views On Gift Giving

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See What Economists Fail to See in the Act of Gift-Giving: New research suggests why holiday gifts—unlike purchases for oneself—have a value...
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Friday, December 04, 2015

The unemployment rate held at a 7-1/2-year low of 5 percent

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See Sturdy U.S. employment report a green light for December rate hike . One weakness of the unemployment rate is that if people drop out ...
Friday, November 20, 2015

Is There Economic And Political Meaning In "The Wizard of Oz?"

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We covered international trade in my micro class recently and the text book has something about this in that chapter. To get a handle on t...
Thursday, November 12, 2015

What Is Is the Richest City in America?

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See This Is the Richest City in America by Alexandra Mondalek of Time. Excerpts: "According to data compiled by Bloomberg, the newe...
Friday, November 06, 2015

The Deficit Trials 2017 A. D.

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This was a commercial back in 1986. It paints a bleak picture of America in the future, presumably caused on the growing national debt ($2...
Thursday, October 29, 2015

How Are Colleges And Universities Like Nightclubs?

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Is College Tuition Really Too High? The answer depends on what you mean by college by ADAM DAVIDSON of the NY Times . "But probabl...