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Assumptions are Key
An old economist joke. This version courtesy of this link: Three men went off on a sailboat together, a physicist, a chemist, and an economist. Unfortunately they ran into a storm and the boat was...
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History and Future of Economics
I’m going to post this link to a column by The New York Times‘ David Brooks – about the field of economics, so its points are not forgotten. It’s an important view of our discipline, and my colleague...
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”If loving econ is wrong, I don’t want to be right.”
…with apologies to Barbara Mandrell
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No Free Lunch
Today, in a setting entirely removed from my economics class, I used the phrase, “there’s no such thing as a free lunch.” Someone called me on it, and – full confession – I was sloppy in invoking it....
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