The Dangerous Economist

The Blog of Cyril Morong

Wednesday, February 27, 2019

Some History of Insurance

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See Insuring Against Disaster: Insurance policies go back to the ancient Babylonians and were crucial in the early development of capitalis...
Friday, February 22, 2019

TV chefs showcase recipes using mutton, prices jump

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By Lucy Craymer of The WSJ . When tastes increase, demand shifts to the right, raising price. That might have happened since chefs have b...
Thursday, February 14, 2019

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...
Wednesday, February 06, 2019

Toxic Smoke Is Africa’s Quiet Killer. An Entrepreneur Says His Fix Can Make a Fortune

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By Peter S. Goodman of The NY Times . Eric Reynolds decided to give away stoves that burn clean wood pellets which he would sell (much c...
Wednesday, January 30, 2019

There's no such thing as free cheesecake

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See Cheesecake Factory's free cheesecake promotion goes awry, one person arrested by Sarah Whitten of CNBC. Excerpts: Cheesecake...
Thursday, January 24, 2019

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 stor...
Friday, January 11, 2019

TV chefs showcase recipes using mutton, prices jump

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By Lucy Craymer of The WSJ . When tastes increase, demand shifts to the right, raising price. That might have happened since chefs have bee...
Thursday, January 10, 2019

A wave of the tech giants making inroads into the banking business with data tracking algorithms

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See A $150,000 Small Business Loan—From an App: Square and other tech firms are jumping into banking, using their vast troves of data to det...
Wednesday, January 09, 2019

Toxic Smoke Is Africa’s Quiet Killer. An Entrepreneur Says His Fix Can Make a Fortune

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By Peter S. Goodman of The NY Times . Eric Reynolds decided to give away stoves that burn clean wood pellets which he would sell (much cl...
Tuesday, January 08, 2019

Some 43% of College Grads Are Underemployed in First Job

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Chances of graduates using some humanities degrees in first job can be better than some vocational degrees like business and fitness studies...
Monday, January 07, 2019

The World Is Getting Quietly, Relentlessly Better

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By Greg Ip of The WSJ . "As recently as 1980 nearly half the world lived in “extreme poverty,” that is, consuming less than the bas...
Saturday, January 05, 2019

Some Companies Offer To Pay All College Expenses For Their Workers

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See Now Hiring, With Attractive New Perk: Free College Degree: Companies say benefits of a happy, better-educated staff outweigh the costs ...
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Friday, January 04, 2019

Annual percentage of 25-54 year-olds employed 1948-2018

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Click here to go to that data . It is from the BLS. Here is a timeline chart and a table of the numbers. Year Ann...
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About Me

Cyril Morong
I am a retired economics professor. My email address is cyrilmorong@sbcglobal.net
View my complete profile
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