Thursday, September 26, 2019

How the U.S. justifies & enforces sanctions on countries like Iran and how other countries try to get around the sanctions

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See The Dollar Underpins American Power. Rivals Are Building Workarounds. Iran sanctions spur Europe and India to devise systems to trade w...
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Thursday, September 19, 2019

Why honey prices have climbed about 25% since 2013

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See You’ll Need a Lot More Money to Buy That Jar of Honey: Beekeepers are in a sweet spot as consumer trends shift away from cane sugar an...
Thursday, September 12, 2019

Why Doing Good Makes It Easier to Be Bad

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By Abbas Panjwani . He is a journalist at Full Fact, the UK’s leading fact-checking charity. He has previously written for the Sunday Times...
Thursday, September 05, 2019

How Technology Has Changed The Distribution Of Income Among Musicians

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See Music Superstars Are the New One Percenters: Huge stars like Beyoncé and Taylor Swift are dominating the concert-tour business like ne...
Wednesday, August 28, 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...
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Tuesday, August 20, 2019

The benefits of utilizing markets in the U.S.

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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...
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Wednesday, August 14, 2019

New Braunfels businesses fooled into taking movie money

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By Bryan Kirk of The San Antonio Express-News . Funny story. It has pictures of the fake money. "Reports that several New Braunfels ...
Tuesday, August 13, 2019

Can scientific thinking help entrepreneurs?

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See A Scientific Approach to Entrepreneurial Decision Making: Evidence from a Randomized Control Tria l by Arnaldo Camuffo, Alessandro Cor...
Sunday, August 11, 2019

College Still Pays Off, but Not for Everyone

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By Josh Mitchell of The WSJ . Excerpts: "Investing in a college degree still pays off for most students with higher salaries and gre...
Saturday, August 10, 2019

Why Rate Cuts Don’t Help Much Anymore

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By Austan Goolsbee . Excerpt: "Take spending on consumer durables. A recent study by economists at the Federal Reserve Bank of Mi...
Thursday, August 08, 2019

San Antonio, Poverty and Economic Segregation

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See Another haunting reminder about economic segregation , San Antonio Express-News editorial. Important issue, but in some ways, San Anto...
Wednesday, August 07, 2019

Texas A & M economists study cheating (and how much might not depend on being rich or poor)

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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...
Tuesday, August 06, 2019

Could we end up with too few robots rather than too many in the future?

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See This Economy Is Not Aging Gracefully: The American population is getting older, and that has devastating consequences for the economy. ...
Monday, August 05, 2019

Immigrants and Western Values

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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...
Sunday, August 04, 2019

Tradeoffs and anti-trust policy

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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...
Friday, August 02, 2019

Wealth And The Middle Class

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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...
Wednesday, July 31, 2019

With technology that can more closely monitor worker activity, will wages fall or not rise as much?

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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 ...
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