Ray Fair: The Economy is Tilting Republican
Ray Fair is an eminent macroeconomist, as well as a well-known textbook writer (with Karl Case and Sharon Oster) who dabbles now and again in sports economics. Here I focus on one of Fair\’s other...
View ArticleInequalities of Crime Victimization and Criminal Justice
Many Americans worry about high incarceration rates and a police presence that can be heavy-handed or worse in some communities. Many Americans also are worrying about crime. For example, here\’s a...
View ArticleRising Tuition Discount Rates at Private Colleges
Colleges and universities announce a certain price for tuition, but based on financial aid calculations, they often charge a lot less. The difference is the \”institutional tuition discount rate.\” The...
View ArticleTelemedicine
The American College of Physicians has officially endorsed \”telemedicine,\” which refers to using technology to connect a health care provider and a patient who aren\’t in the same place. An official...
View ArticleThe Tradeoffs of Parking Spots
Sometimes it seems as if every proposal for a new residential or commercial building in an urban or suburban area is neatly packaged with a dispute over parking. Will the new development provide a...
View ArticleInterview with Matthew Gentzkow: Media, Brands, Persuasion
Douglas Clement has another of his thoughtful and revealing interviews with economists, this one with Matthew Gentzkow. It appeared online in The Region, a publication of the Federal Reserve Bank of...
View ArticleLessons for the Euro from Early American History
The euro is still a very young currency. When watching the struggles of the European Union over the the euro, it\’s worth remembering that it too the US dollar a long time to become a functional...
View ArticleUS Corporate Stock: The Transition in Who Owns It
It used to be that most US corporate stock was held by taxable US investors. Now, most corporate stock is owned by a mixture of tax-deferred retirement accounts and foreign investors. Steven M....
View ArticleAllocation of Scarce Elevators
In a perfect world, an elevator would always be waiting for me, and it would always take me to my desired floor without stopping along the way. But economics is about scarce resources. What about the...
View ArticleThe Economies of Africa: Will Bust Follow Boom?
The economies of sub-Saharan Africa face a big question. Growth of real GDP in the last 15 year has averaged about 5% per year, as compared to 2% per year back in the 1980s and 1990s. But was this...
View Article