Economic Logic

A lot of governments are now expecting to face severe revenue shortfalls, especially for US states. They should have had some rainy day fund...

Arranged marriages are alive and well, and the Internet allows apparently even this institution to flourish. Witness Marry our Daughter whe...

High school seniors in the United States are now sending their applications to universities and they will soon face the problem of choosing ...

While I argued a few days ago that war was good in Malthusian economies, there is little doubt that war is bad in modern economies, except ...

Today, David Cass is celebrated at the University of Pennsylvania. He was not only a supreme theorist, but also a driving force in the depa...

While is it apparently known that wearing red apparel improves performance in sports (and this has nothing to do with the earlier post on r...

Getting the right people married to each other is a very complex undertaking. Preferences are heterogeneous and information issues are impor...

Today, many countries celebrate the armistice, contemplating the contributions of their veterans and the losses and gains imposed by war. I ...

It is well known that tall people have more success on the labor market, see for example T. Paul Schultz . The big question is whether this ...

Chatting and cheap talk in the office may have a impact of the social cohesion of the group, but does it matter amongst strangers? Stefano D...

Some economists like studying their hobby, witness the large number of papers written on Sports Economics, and there are some quirky associa...

Now that elections are over, here are a few things the new president could take to his heart and change for the better: Introduce direct dem...

For a market to be efficient, it needs to be clear what the prices of the goods are. As I am traveling, I am noticing that who prices are ad...

Jacques Piccard , the second generation in an ongoing line of explorers died on November 1, 2008. Trained as an economist, he joined his fat...

We have all heard about the controversy whether minimum wages increase or decrease low-wage employment. But what is its effect on wages? Pre...