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Economics and Bosses

Peter Dorman at Econospeak, who is smarter and nicer than I am,* boils down the question: [D]o you believe that managers normally make the right decisions over how to run…

Economics Bloggers Forum

Ken is here today. The conference will be webcast, and you can submit questions here….

Elinor Ostrom – An End to Homo Economicus?

…the high degree of mathematical formalism now so characteristic of economics. Yet the Nobel Prize Committee has done a great service to economics and the greater social-scientific community. When a…

The Economics of Michael Jackson

When I first heard that Michael Jackson died, I thought immediately of Chuck Sullivan. I met him once, probably in the early 1990s, after his sponsorship of The Jacksons’s Victory…

Economics with some altruism

Robert Waldmann Arnold Kling states a widely held view succinctly I see elite Democrats as exploiting “the poor” in order to pursue their own drive for power. People who genuinely…

A Rare Economics Post from Me

Yes, I’m still distracted (and under deadlines), but this is too good to pass up. Greg Mankiw sends us to “Wisdom from Michael Kinsley.” Which turns out to be this:…

Economics Makes for Strange Sick-Bed Fellows

Obama ready to cave in to insurance industry AKA ‘Her Way’; Obama Health Plan Could Go In Clinton’s Direction Teddy Davis, John Santucci and Gregory Wallace ABC News 06.29.2008 Obama’s…

More Free Lunch Economics from Michael Mandel

Michael Mandel replies to James Hamilton: Moreover, he also doesn’t point that the real consumption per person is actually reduced by the amount of additional savings … The pro-savings people…