The Dangerous Economist

The Blog of Cyril Morong

Tuesday, July 26, 2022

Two economists offer different advice for making life's tough decisions

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The first article is How to Make a Decision When There’s No ‘Right’ One by Russ Roberts. Excerpts: "[Charles] Darwin was struggling wi...
Sunday, July 24, 2022

How the Upwardly Mobile Feel About Wealth

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A new study suggests that people who become affluent have less sympathy for the poor than the born rich do  By Susan Pinker of The WSJ . Exc...
Thursday, July 21, 2022

How to Spot Fake Reviews and Shady Ratings on Amazon

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Sort by most recent reviews, check if older reviews were for completely different products and search for red flags such as ‘gift’ or ‘free’...
Wednesday, July 20, 2022

The establishment survey and the household survey currently tell conflicting stories about unemployment

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Diverging Jobs Data Raise Questions About Labor Market Health: Payroll growth is strong, but household data and other indicators are weakeni...
Tuesday, July 19, 2022

Is the ability to work from home affecting the price elasticity of demand for gas?

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See Consumers Can Just Say ‘No’ to High Gas Prices: Commuters today have far more options to curb fuel usage than they did decades ago. They...
Monday, July 18, 2022

Democratic-Led States Let Their Federal Unemployment Debts Linger

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Despite sitting on surpluses, California, New York, Illinois and Connecticut allow fees to rise for businesses as they spend money on other ...
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Sunday, July 17, 2022

Are food, clothing and shoes scarce? If they are, could ignoring that fact be deadly?

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See Dozens killed in stampede at church event in Nigeria: The stamped happened as hundreds of people gathered at the annual ‘Shop for Free’ ...
Friday, July 15, 2022

The Myth of the Central Bank ‘Soft Landing’

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Most tightening cycles historically ended in recessions. Whether this shows the power or powerlessness of central banks, it isn’t good news ...
Wednesday, July 13, 2022

Did Tea Drinking Cut Mortality Rates in England?

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By Francisca Antman . She is Associate Professor in the Department of Economics at the University of Colorado Boulder. Excerpts: "This ...
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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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