…any two samples, be consistent in how you assign points between the samples. 7. Do not argue by assertion. 8. Economics is not complicated. If you require assumptions you cannot…

…system bribed economists to stay silent. Obviously bribe-based theories of human behavior are crude and rarely capture reality. But how about translating this into economics? How about incentives? Rajan says…

I wasn’t going to mention Melissa Mia Hall’s death here—this is economics and politics, not sf—but now it is clear that, as usual, there is an overlap: If she had…

…school. For those of us who like our economics/finance, and enjoy the occasional (for me, time is a major constraint these days, and thus we’re mostly talking when I travel)…

…reasons, none of which deal directly with economics as it is currently taught. For one thing, it is a dictated change in a contract with workers. As a standard microeconomics…

…plunged, private payroll employment has also fallen from 111.2 million to 107.6 million in the second quarter of 2010. Yes, this data contradicts the theory taught in introductory economics. But,…

…ECONNED provides a long form treatment of this topic). Second, some very unfashionable schools of economics, namely the Austrians and the Marxists, both recognized the imbalances in the economy prior…

Barkley Rosser announces his new book: I am pleased to announce the publication of my book with David Colander and Richard Holt, European Economics at a Crossroads, being issued in…

…always agree on the economics of water, but we do agree on its importance and value. My first postings on water economics were a result of a challenge from Tim…

…terrible idea ? What is wrong with the leaky bucket metaphor for the economics of redistribution ? What is the leaky bucket metaphor for the economics of redistribution ? What…