The Dangerous Economist

The Blog of Cyril Morong

Tuesday, October 22, 2024

The Guru Who Says He Can Get Your 11-Year-Old Into Harvard (big lesson: Optimize childhood )

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Jamie Beaton’s Crimson Education offers a pricey, yearslong boot camp preparing kids to apply to the Ivy League. Parents, and Wall Street, a...
Sunday, October 20, 2024

The Pyschology & Economics Of Decision Making Under Uncertainty (With Snoopy's Version From 1966)

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See You’re So Self-Controlling by MARIA KONNIKOVA. From the 11-16 NY Times. She has a Ph. D. in psychology from Columbia University and ...
Saturday, October 19, 2024

Two recent articles on robots and human workers

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Yes, robots and machines can replace workers. But sometimes robots and machines lead to new types of jobs and also the increase in output th...
Friday, October 18, 2024

The World Isn’t Actually Going to Hell in a Handbasket

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Human beings have been complaining about a moral decline since, well, forever By Elizabeth Bernstein of The WSJ . Excerpts: "a robust ...
Wednesday, October 16, 2024

Nobel for Economics Awarded to Authors of ‘Why Nations Fail’ and an Ex-IMF Figure

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Daron Acemoglu, Simon Johnson and James Robinson are honored for their work on how institutions form and affect differences in prosperity By...
Tuesday, October 15, 2024

How does late-career entrepreneurship relate to innovation?

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By Martin Murmann, Virva Salmivaara and Ewald Kibler . Published in Research Policy , Volume 52, Issue 6, July 2023. This paper won the ...
Monday, October 14, 2024

A comparison of the inflation rates, unemployment rates and poverty rates from 1975-83 with the current rates

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The unemployment rate was 4.1% in Sept. after being 4.2% in Aug. The unemployment rate was 3.6% for all of  2022 as well as 2023.  Click he...
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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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