Esther Duflo Is Now Officially a Genius
Congratuations to MIT economist Esther Duflo who brings home a MacArthur Genius grant! Read More »
Why My Students Don't Get Rebates
Ian Ayres recently posted about his returning to his students the royalties on his book that he assigned to them.
This has caused me trouble: one of my students read it and asked why I don’t do that as well for my little book, Economics Is Everywhere. I have done this before, when I assigned my labor economics text to a class of 35 students, but not in her class. Read More »
The Debt Clock
In the spirit of its Big Mac Index, The Economist rolled out its Global Debt Clock, which features a running global-public-debt tally. Read More »
Lemons From Lemonade
Although hybrids and electric vehicles can help automakers meet these targets, enough efficiency can be reaped with internal combustion autos. This can come through improvements to things like tires, engines (e.g. smaller ones with turbocharging), air conditioning, transmissions, and vehicle weight. The administration estimates that this will cost $1,100 per vehicle but that the improvements will pay for themselves with $3,000 in fuel savings over the life of the car. Read More »
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