The Dangerous Economist

The Blog of Cyril Morong

Friday, April 27, 2018

Why do employers pay extra money to people who study a bunch of subjects in college that they don’t actually need you to know? Signaling

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See School Is Expensive. Is It Worth It? For your kids, yes—at least assuming they graduate. But the author of ‘The Case Against Education’...
2 comments:
Friday, April 20, 2018

How Much Has Life Expectancy Improved?

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A few weeks ago, one of my classes read a chapter called "The Graying of America" in the book T he Economics of Public Issues . It...
1 comment:
Friday, April 13, 2018

Why 2017 Was the Best Year in Human History

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By Nicholas Kristof of The NY Times . Excerpts: "2017 was probably the very best year in the long history of humanity. A smaller...
1 comment:
Thursday, April 05, 2018

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 by the growing national debt ($2...
1 comment:
Wednesday, March 28, 2018

Herfindahl-Hirschman at the Movies

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By Connor Waldoch of Medium . Disney wants to buy Fox. This week in my micro classes we are talking about mergers and when the government ...
Friday, March 23, 2018

Ozzy Osbourne Makes The Economics News

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See Ozzy Osbourne Brings Antitrust Lawsuit Against AEG for Tying London and L.A. Venues by Eriq Gardner of The Hollywood Reporter. Excerpt...
Wednesday, March 07, 2018

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...
Wednesday, February 28, 2018

Four Decades Of Disinflation

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Disinflation is when the inflation rate falls. Prices rise each year or time period, but the rate of increase falls. The table below shows t...
1 comment:
Thursday, February 22, 2018

San Antonio has highest credit card debt burden in US

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From news4sanantonio . Excerpts: "San Antonio has the highest credit card debt burden in the U.S., according to a new CreditCards.co...
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Friday, February 16, 2018

The Resource Curse

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By Melissa Mittelman of Bloomberg . In the book The Economics of Macro Issues, they mention that Russia has many resources but its per ca...
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Friday, February 09, 2018

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 02, 2018

The percentage of 25-54 year-olds employed decreased in January

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(Note: For student just beginning this week click here to read something about me). One weakness of the unemployment rate is that if peo...
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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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