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Oct 22, 2018

Economics, like other sciences (social and otherwise), is about what the world does; but it's natural for economists to occasionally wander out into the question of what we should do as we live in the world. A very good example of this is a new book by economist Tyler Cowen, Stubborn Attachments. Tyler will be...


Sep 8, 2018

For something of such obvious importance, money is kind of mysterious. It can, as Homer Simpson once memorably noted, be exchanged for goods and services. But who decides exactly how many goods/services a given unit of money can buy? And what maintains the social contract that we all agree to go along with...