Economic Logic

While the minimum wage is seen by many as an easy way to prevent poverty, it has its pitfalls. Apart from the fact that it may increase unem...

Critics have had a field day the past couple of years claiming that Economics is not up to the task because its models are too abstract. Mac...

I find a recent opinion article on CNN by Michael Roth , the president of Wesleyan University, on the value of liberal arts education rather...

People are running scared about the relative increase of health care costs. As discussed recently, there a many potential explanations out t...

Many US states are currently tempted to increase sales taxes in order to overcome revenue short falls. While they should really be thinking ...

What determines demand for theater? Theater managers should be interested in understanding their market. Beyond this, this is also important...

Health care costs are increasing faster than general inflation mostly everywhere, and for some time now. While this should not be a surprise...

Entrepreneurship is the driver of growth and wealth, or at least an important driver. This is why so many initiatives are geared towards mak...

One popular way to justify the introduction of monetary frictions in macroeconomic models is to assume that there is some cost associated to...

It is conventional wisdom in policy circles that if you want a policy intervention to benefit children, transfers have to be paid out explic...

Sports and energy drink have become popular in the past decades or rather dubious grounds, as the recover and boost effect claimed in ads ar...

Growth is very unequal across the world. In some areas, the experience has been very frustrating, foremost in Africa, others have been boomi...

Even before the crisis hit in the United States, there was talk about how foolish it is to get balloon mortgages, with low teaser rates for ...

Teachers often find student evaluations rather frustrating. They are contradictory, short-sighted and sometimes insulting, especially when s...

A doctoral or PhD dissertation is supposed to be work that pushes the research frontier further. Obviously, not all dissertations are create...