2012-06-06 20:32
New updates will now be found at Suspicious Heuristics. I think the name is a better fit (and much more fun to say!) All the old content will stay here to avoid confusion, but please join me… Read More
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Unfashionably Economic Blog
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...blogging about law, technology, social media, and various bits of economics.
2012-06-06 17:31
From BBC Business News on the status of Spain and a potential bail-out:On Wednesday, the European Commission unveiled proposals designed to stop taxpayers' money being used to bail out… Read More
2012-06-06 02:34
This post today on Gizmodo, It’s Time for Xbox Live Gold to Be Free by Brian Barrett:Why would I go to the club that has a cover charge when there are three right next door—each… Read More
2012-06-06 01:39
The prediction market Intrade is a neat contribution to economics as well as everyday living. It offers odds on a variety of important world events occurring, and allows users to buy or sell… Read More
2012-06-05 20:15
Saw this on CNN today: Poor and fat: The real class war, by L.Z. Granderson. Some figures from the article:Ground beef that is 80/20 is fattier but cheaper than 90/10. Ground… Read More
2012-06-04 22:20
Scheduled to come to a vote in Congress tomorrow, the Paycheck Fairness Act is a bad solution to a statistically trumped-up problem.The most frequently cited statistic is that women earn 77… Read More
2012-06-04 17:03
Lately I've noticed many many free market think tanks showing up on my "Suggested People to Follow" list on Twitter. I'm not sure if this is because the Twitter suggestion algorithm has impr… Read More
2012-05-28 19:41
Take a look at this article by Leslie Kaufman for the New York Times, "Zoos’ Bitter Choice: To Save Some Species, Letting Others Die." An excerpt:As the number of species at risk of ex… Read More
2012-05-26 22:05
As a point of comparison with my last post, here's another network of Twitter lists.Instead of using my main account, this was built from a separate "follow-back" account I check on occasion… Read More
2012-05-25 20:43
How does a long-awaited sequel, which became the fastest selling PC game of all time, still end up with a 2-star rating on Amazon? Probably because so many people were excited to play it and… Read More
2012-05-25 00:43
Twitter has a "List" feature, which allows users to organize their followers, or view tweets from only a select group. Until recently, the number of lists following each Twitter account was… Read More
2012-05-23 16:29
The way current law is set up, being a Good Samaritan and trying to rescue someone else's kid can only get you in trouble.Browsing the Internet, I've found a few anecdotes which support this… Read More
2012-05-23 13:23
For a class project (CSS692/ECO895, Social Network Analysis) my group - Kevin May, Echo Keif and I - took on a project a almost bigger than we could chew: identifying astroturf on… Read More
2012-05-12 15:16
Using tweepy I've been looking at the characteristics of my Twitter following. I found these histograms pretty interesting.The first shows how many people my followers are following and foll… Read More
2012-05-08 18:23
Who ever said there's no skiing in Iowa? Source.In other news, the Institute of Medicine is advising the government to adopt a series of policies to control the American "obesity epidem… Read More
2012-05-04 18:18
I added another section to the blog, titled "Other Writings." It contains links to my (currently sparse) published works, as well as other papers I've written over the last two years that ha… Read More
2012-03-27 19:01
A daring sting operation has brought down another set of dangerous criminals in our midst. The proprietors of Great Wall supermarket (located about 20 minutes from where I live) have been ar… Read More
2012-03-22 16:09
Blatant self-promotion, but I can't resist.(c) Cengage Learning 2013.The book that I helped write is now in print. Find it here. Many thanks to my co-authors as well as the professionals at… Read More
2012-03-07 19:41
Being a monopolist isn't all it's cracked up to be. Produce a durable good, and you're functionally competing against yourself.For a Durable Goods Producer with Market Power:Problem 1: … Read More
2012-02-15 14:35
What does your choice in light bulbs say about your attitude toward the future? In terms of discount rates, quite a lot.An incandescent 60W bulb costs around 50 cents to buy, while a 15… Read More
2012-02-13 15:13
Early in my Law & Economics course, taught by Don Boudreaux (professor and former chair of the economics department at GMU, blogger at Cafe Hayek) he made a controversial point about the… Read More
2012-02-10 16:23
Economists predict there will be price discrimination when there is a monopolist supplier (or at least some degree of market power) and arbitrage between different groups of customers is cos… Read More
2012-02-07 05:15
Netflix has been through some hard times lately, and the industry is evolving in ways that will continue to challenge their core business model. A combined deal between Redbox and Veriz… Read More
2012-02-05 14:06
Three stories in the news today highlight the importance of labor market mobility.The United States has had some good news lately. With job spurt, US economy races ahead of Europe:Some… Read More
2012-02-04 16:25
Earlier this week the Susan G. Komen for the Cure Foundation said they'd be eliminating their grants to Planned Parenthood for breast cancer screenings. The resulting social media uproar, ho… Read More
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