Better Late than Never, I Say
But why are economists, once thought to be humorless practitioners of the “dismal science” suddenly becoming celebrities? Since when did they become gurus to whom ordinary people can turn to for...
View ArticleGordon Tullock on Voting
As we wind down 3+ years of the presidential campaign, we stop to talk about the basic economics of voting. And if you’ve ever heard an economist talk about voting, you’ve probably heard of Gordon...
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Do You Expect Me to Talk?
The chips are made *where*? Welcome to winter break. One of the great things about returning home is that your family and friends can share not only in the new, colorful personal habits that you’ve...
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Our Annual Holiday Message: Give Her Something Expensive and Useless
Although most of LU is closed today due to the blizzardy conditions, the Lawrence Economics Blog trudges ahead. And, what better way to celebrate the snowfall than to look ahead to the holiday...
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No, Really, It’s Hard to Predict Stock Prices
The Economist and Vox each have nice pieces up on what economists do and do not agree upon. To take the second part first, the piece from Vox shows that there is a pretty large degree of consensus on...
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Two Economists Walk Into a Bar…
When the indefatigable Saturday Morning Breakfast Cereal weighs in on economists, hilarity ensues. Let me count the ways… Economists are further ridiculed here and also here. Oh, and here, too! We are...
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Again?
The Wall Street Journal reports that “Corporate Economists Are Hot Again.” This: With more data available than ever before and markets increasingly unpredictable, U.S. companies—from manufacturers to...
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Getting a Ph.D. in Economics
Over the next few weeks, we will be compiling some resources for those of you who are interested in doing graduate work in economics. Certainly, your first stop should be to talk with one or more of...
View ArticleEcono Life, It’s Super Fun!
John Cawley has updated his indispensable paper for young Ph.D. economists searching for new positions, “A Guide and Advice for Economists on the U.S. Junior Academic Job Market: 2014-2015 Edition.”...
View Article2015 American Economic Association Meetings
Every January, thousands of economists gather for the American Economic Association meetings, to present papers, discuss ideas, and hire new faculty members (!). Leave it to Nate Silver and his Five...
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We did a Similar Post Last Year
The 2015 edition of the eponymous Which Famous Economist are you Similar to? interactive tool is now available, and once again — though once again I probably shouldn’t be telling you this — yours truly...
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Economics is What Economists Do
The post title is, of course, from the late, great Jacob Viner, who tells us that it isn’t totally easy to characterize exactly what it is that we economists do. The alive, possibly great Daniel...
View Article“There has never been a more interesting time to be an economist, I think”
Quora is a website dedicated to “sharing and growing the world’s knowledge.” Ask a question, and the good folks at Quora will find someone with first-hand knowledge to answer it. Today’s contribution...
View ArticleIncentives Matter But So Does Context
Economist Steven Landsburg famously claimed that economics can be defined in two words: “incentives matter.” For Landsburg, all else is commentary. In a 2013 book entitled The Why Axis, Uri Gneezy...
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