Archives for



Apparently I've Ruined Economics (Again)

A few years back, the New Republic accused me of ruining economics.

Now The Economist magazine, in a much more subtle way, makes the same implication. Here’s the second sentence of an article entitled “What Went Wrong With Economics”: Read More »



Pareto Parking

We parked our car at the Austin airport for six days, and my brother then picked it up to use during his three-day visit to my mother. He left it in airport parkinglot when he flew off three days later, a few hours before we returned. Read More »



Who's Ready for a Fat Tax?

From a Wall Street Journal article by Betsy McKay come these tantalizing facts (emphasis added):

The medical costs of treating obesity-related diseases may have soared as high as $147 billion in 2008, the Centers for Disease Control and Prevention said Monday, as its new director set a fresh tone in favor of more aggressively attacking obesity.

Read More »



You Have Three Sentences

During a visit last year to the London School of Economics, the Queen of England asked why economists failed to predict the credit crunch. Read More »