Economic Logic

Setting up a good unemployment insurance system is awfully difficult. You need to take into account that there may be significant moral haza...

A week ago, I argued that journals are dead . What about books? There are three types of books I want to distinguish. Textbooks . They have ...

It is well known that second generation immigrants fit better in the host country. This is particularly true with respect to human capital, ...

How do you pick your wine when you go to the store? DO you come with a list of recommendations? Do you ask personnel? Other shoppers? Do you...

David Colander has made a series of illuminating surveys of graduate students in Economics that have given us a very interesting picture of ...

Some economists speak sometimes a language that is even difficult to comprehend by other economists. This happens in particular when they dr...

There are times where you come across an interesting title and a somewhat appealing abstract, and then you read the paper and you cannot bel...

You way have noticed that I have not reported about a journal article on this blog for months. In fact, it has been a while since I last ope...

Urban schools are often tempted to impose school uniforms on the presumption that this resolves some discipline problems linked to clothing ...

It is well know that ethno-liguistic diversity is bad for the development of an economy, for example because it leads to leaders favoring th...

When Wal-Mart moves into town, is this good or bad? It is commonly perceived that this is bad for local businesses, and especially for small...

Who has not dreamed of playing a crank on one's colleagues? And then get a paper out of it? This paper is not quite about a crank, it is...

We know rather well how frequently bank notes change hands, simply by computing the velocity of money from the money supply and some aggrega...

The Netherlands just decided to revamp their car tax. First the taxes on the acquisition of cars, currently 25% of the sales price) and the ...

All religions I know of advocate that one should care and trust others. But "others" needs definition: in many cases it means othe...