Economic Logic

It would seem natural that in a system where pay is linked to performance, better performers are rewarded more handsomely. Yet, there are pl...

When unemployed, some people search more intensely for a new job than others. That will of course depend on their personal circumstances. Th...

As mentioned yesterday , childhood obesity is a problem that can be reduced by giving more opportunities to be outside and away from the tel...

Obesity rates are increasing pretty much everywhere, but nowhere is the obesity problem as massive as in the United States. And nowhere else...

It always saddens me when children are born into bad families. In extreme cases, society's responses is to put them into foster care or ...

Think tanks have a horrible reputation everywhere by in the media. The reputation is because they are often very biased and sell out to thei...

It seems every winter brings a new situation where Russia is holding up one of its neighbors, or one of them another one, over the delivery ...

How committed to religion are people? This is rather difficult to establish as surveys can be biased by social pressure. For example, it is ...

Throughout the last crisis, there has been much talk about excessive borrowing by individuals (and countries), and how this seems to follow ...

Policy advice and intervention in the poorest developing economies are all about agricultural policy. How to increase crop yields, how to se...

It is quite obvious that the gains from trade are positive, but implementing a free trade agreement obviously also implies some losses, in p...

When I write a blog post, it is usually about the last paper I read. I draw from a pile that goes by the LIFO principle, "last in, firs...

Drawing electoral district borders is difficult to think of as an optimal outcome in the mechanism design of elections. It has all the ingre...

Law professors were among the first in universities, and Economics emerged in many places from Law Schools. This make the study of laws an o...

In areas where waste collection is paid by the one creating the waste, it is obvious that people are going to try to shop for the best optio...