Economic Logic

There is apparently a disturbing new trend according to the Telegraph , namely push presents. These are presents a mother is expecting for t...

It is about the time now where student have to decide where to go for graduate school among the programs that accepted them. Let me add my g...

To those teaching and requiring your students to use a textbook: do you know what that textbook costs? Many do not, and thus tell students t...

The treaty that guides trans-atlantic flights is up for renegotiation between the European Union and the United States. While the talks are ...

Greg Mankiw has a lot of great posts on his blog, but this time I have to strongly disagree with him. In reaction to a post from Paul Krugma...

To conclude this week's tour of free goods and how they can be good even though they are free, let us look at our own profession. RePEc ...

The marginal cost of printing a newspaper is minimal, yet the fix cost is huge. The marginal revenue of a newspaper is positive, both from s...

Open source software does not follow basic economic principles: people contribute sometimes considerable time and effort to the development ...

Second in the series this week about free goods: how to enrich your vocabulary and provide food relief, both for free. FreeRice provides a ...

This week, I will be featuring a few examples of goods that are free, yet of value and willingly offered by those who provide them. Basic ec...

Now that the US dollar has slipped to new lows (US$2.00 a £, US$1.50 a €, US$1.00 a C$, US$0.01 a ¥, US$1.00 a Sfr), now that the US has bee...

I-70 is the highway that leads from Denver into the Rockies, and every winter evening or week-end it is severely congested by traffic going ...

Central banks, and in particular the US Federal Reserve, are pumping liquidity in the market like there is no tomorrow. These money injectio...

The OECD released today its latest study on wage income taxation across its member countries. This allows to put some perspective on the le...

In 1997, Quebec introduced the C$5-a-day daycare, heavily subsidizing existing daycares. The fee was increased to C$7 in 2004. While it seem...