The Dangerous Economist

The Blog of Cyril Morong

Thursday, August 06, 2020

There Never Was a Real Tulip Fever

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“Tulip Fever” sets its doomed entrepreneurs amidst 17th-century “tulipmania”—but historians of the phenomenon have their own bubble to burst...
Wednesday, August 05, 2020

Does a Raise or Remote Work Sound Better?

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Telecommuting is emerging as a coveted perk. Workers and their companies see the benefits, but how will they feel in 2021? By Rachel Feintz...
Tuesday, August 04, 2020

The FDA, Masks and Type I & Type II Errors

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See FDA’s Shifting Standards for Chinese Face Masks Fuel Confusion: Some states stop using KN95s to protect workers; agency cites ‘regulato...
Monday, August 03, 2020

C.E.O.s Are Qualified to Make Profits, Not Lead Society

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An old debate over the proper role of C.E.O.s has entered the political arena. But chief executives aren’t well equipped to take on broad so...
Sunday, August 02, 2020

Companies Start to Think Remote Work Isn’t So Great After All

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Projects take longer. Collaboration is harder. And training new workers is a struggle. ‘This is not going to be sustainable. By Chip Cutte...
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Saturday, August 01, 2020

Can Fed policy work just by being announced and not necessarily being used?

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Why Growth in the Fed’s Asset Portfolio Has Paused: That doesn’t mean the central bank has dialed back its support for markets or the econo...
Friday, July 31, 2020

Will computer programs replace newspaper columnists?

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See How do you know a human wrote this? by Farhad Manjoo of The New York Times. In my macroeconomics class, we talk about the types of u...
Thursday, July 30, 2020

In 1834 the British government spent about 40% of the national budget to buy out slaveowners to emancipate their slaves

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Three Books on Jamaica: Anatomy of an Uprising: Back-breaking labor, an oven-hot climate, whip- bearing overseers and a planter class eager ...
Wednesday, July 29, 2020

From 1720 to Tesla, FOMO Never Sleeps: The South Sea bubble is the classic story of an investing mania. Are investors today any wiser?

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By Jason Zweig . I like articles like this that link economics and storytelling. In fact, I have another blog called Dollars and Dragons: ...
Tuesday, July 28, 2020

How the White-Black median household income gap has changed over time and how that compares to the Asian-White gap

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The post from two days ago covered the Asian-White gap, which has generally been growing since 1988 (the first year the Census Bureau report...
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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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