Econ 479

The Art of Writing, the Science of Economics

Archive for the ‘Economics and economies’ Category


An economic concept glimmers in this bleak story about the collapse of a travel company. Can you find it?

Written by gregorymcnamee

September 26, 2019 at 4:34 pm


A useful social media meme that’s going around is worth holding in mind, and it concerns the difference between a million and a billion. A million seconds is a bit shy of 12 days. A billion seconds is a bit shy of 32 years. Scale!

Written by gregorymcnamee

February 23, 2019 at 3:04 am

Externalities and interfaces

As someone who has been weathering the healthcare system, I can attest to the thought that a big problem lies in getting one hand to know what the other hand is doing. It’s a problem of, as the subject line has it, externalities and interfaces

Written by gregorymcnamee

August 26, 2018 at 8:06 pm

Economic psittacines

It’s all about opportunity cost, and even parrots know it.

Written by gregorymcnamee

August 24, 2018 at 3:43 pm

Economics and the humanities

“There is something thrilling about the intellectual audacity of thinking that you can explain ninety per cent of behavior in a society with one mental tool.” An interesting exploration of, as the title says, whether economists and humanists “can ever be friends.”

Written by gregorymcnamee

August 8, 2018 at 4:44 pm

Following the data

Honesty is the best policy. Yes? Yes, as this story on the admirable economist Alex Tabarrok makes plain.

Written by gregorymcnamee

May 15, 2018 at 3:42 pm

Direct Instruction

A post about education, but from an economics blog and with an economic concept subtly embedded. What is it?

Written by gregorymcnamee

February 12, 2018 at 3:27 pm