Economic Logic

Whenever trouble brews in the global economy, some currencies tends to becaome the refuge of worried investors. There is plenty of opportuni...

Labor market reform seems to be an eternal buzzword among policy makers in Europe as they try to deal with chronically high unemployment rat...

Policies to reduce drunk driving do not appear to work. There are still many accidents caused by them, and threats of imprisonment (rarely c...

While the restaurant industry is exempt from minimum wages in the United States (at least for jobs where tipping is prevalent), other countr...

Most industrialized countries have very low birth rates, jeopardizing the health of their retirement systems. Many governments try policies ...

The most important questions economists can address relate to economic development. How can we explain the immense differences in income acr...

RePEc recently released a ranking of the best young economists . While it is obvious that results are going to be somewhat spurious when bas...

It is now pretty obvious that the US political system where political candidates have to raise their campaign funds from influence peddlers ...

Imagine that employers determine the quality of job applicants by looking at their GPA (grade point average). Then obviously, colleges would...

Sometimes, small incentives can bring great rewards. Think for example about the 10 cent toys some fast food outlets give to children in ret...

We do males and females choose different major subjects in college? This could be because of innate abilities or because of expectations abo...

Properly measuring income inequality is difficult, and not just because figuring out income from all sources is hard. The problem is that ma...

The current stimulus spending package offers plenty of opportunities for pork-barrel, in fact one could even argue that it should be encoura...

We generally think the swing voter is in the best of all worlds: he can choose policy at will, and the policy will fit exactly his desires. ...

In Economics, several journals are suspected of been biased in favor or faculty or graduates from their hoe institution. Among the top ones ...