The Dangerous Economist

The Blog of Cyril Morong

Thursday, September 17, 2026

The U.S. Poverty Rate Fell To 10.2%, The Lowest On Record; Median Income Also Reaches All-Time High While Inequality Unchanged

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Every year around this time the U.S. Census Bureau releases its report on incomes and poverty for the previous year. The first year we have ...
Tuesday, September 15, 2026

Is it dangerous to say that entrepreneurs are heroes?

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Back in the early 1990s, I wrote a paper called "The Creative-Destroyers: Are Entrepreneurs Mythological Heroes?"  Unfortunately...
Sunday, September 13, 2026

Sheep and Pins: Thomas More and Adam Smith on Utopia

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I asked Claude AI to write a dialogue between these two men discussing More's book Utopia . The image was created by Google's AI Gem...
Friday, September 11, 2026

The Seasonally Adjusted CPI Was Up 0.396% in August

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Here are the changes in the seasonally adjusted CPI for the six months ending in June:  Feb. 0.2670 March 0.8651% April 0.6400% May 0.4729% ...
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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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