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Wednesday, October 17, 2012
The 2012 Nobel Prize to Shapley and Roth
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The official announcement reads this way: "The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2012 was awarde...
Tuesday, October 16, 2012
Patents Tipping Too Far: Three Examples
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The basic economics of patents as taught in every intro econ class is a balancing act: On one side, patents provide an incentive for innovat...
Monday, October 15, 2012
High School Classes in Economics or Personal Finance
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The Council of Economic Education focuses on K-12 economic education. I just ran across their biennial Survey of the States: Economics and ...
Friday, October 12, 2012
When Tradeable Pollution Permits Fall Short
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Like a lot of economists, I occasionally break into a semi-spontaneous song-and-dance about how tradeable pollution permits have all sorts o...
Thursday, October 11, 2012
Why GDP Growth is Good
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Most teachers of economics at some point have to address the existential question from students: Is more output always good? Nicholas Oulton...
Tuesday, October 9, 2012
Does Big-Time Football Reduce College Grades?
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The University of Oregon Ducks football team is undefeated and ranked second in the country after beating Washington last weekend by a scor...
Monday, October 8, 2012
Jobs: A World Bank Perspective
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The theme for the 2013 World Development Report from the World Bank is one word: "Jobs." The discussion reaches usefully beyond t...
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