Econ 479

The Art of Writing, the Science of Economics

Archive for the ‘Economics and economies’ Category

Stranded…

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

Scale

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

Political freedom and economic freedom

Is there a relationship between “global freedom” and freedom of the marketplace? Read this article to explore the question—and ask what concepts can be put to work in thinking about the problem.

Written by gregorymcnamee

February 4, 2018 at 8:20 pm

Conservation economics

Of dollars and turtles. What economic concept can be put to work here?

Written by gregorymcnamee

January 28, 2018 at 9:47 pm

The Cost of the Shutdown

The shutdown of the federal government comes with costs, as this article shows. How many concepts can you identify in the piece?

Written by gregorymcnamee

January 22, 2018 at 12:41 am