The Dangerous Economist

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...

An article I wrote for the San Antonio Express-News last March . "I was glad to see that Beto O’Rourke recently said, “I’m a capit...

By Bryan Kirk of The San Antonio Express-News . Funny story. It has pictures of the fake money. "Reports that several New Braunfels ...

See A Scientific Approach to Entrepreneurial Decision Making: Evidence from a Randomized Control Tria l by Arnaldo Camuffo, Alessandro Cor...

By Josh Mitchell of The WSJ . Excerpts: "Investing in a college degree still pays off for most students with higher salaries and gre...

By Austan Goolsbee . Excerpt: "Take spending on consumer durables. A recent study by economists at the Federal Reserve Bank of Mi...

See Another haunting reminder about economic segregation , San Antonio Express-News editorial. Important issue, but in some ways, San Anto...

Study: Richer or poorer, cheaters cheat by Lynn Brezosky of The San Antonio Express-News . If people don't cheat as much as they could...

See This Economy Is Not Aging Gracefully: The American population is getting older, and that has devastating consequences for the economy. ...

Here is a letter I sent to The WSJ. See Assimilation of the ‘Other’ and Immigration: There may be many in “non-Western” countries who want...

Life is full of tradeoffs. Even in anti-trust policy, which is supposed to make our economy more competitive. See FTC Antitrust Probe of F...

See Families Go Deep in Debt to Stay in the Middle Class: Wages stalled but costs haven’t, so people increasingly rent or finance what thei...

The Keynesians have come up with theories to explain why wages might be slow to fall in a recession. Here is one of them: Efficiency ...