Economists Do It With Models

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November 12th, 2015 · No Comments
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See, when I don’t keep up with my shows I miss out on including things like these in my posts… http://economistsdoitwithmodels.tumblr.com/post/133106095580/related-to-my-last-post-john-oliver-nicely

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Peak Surge-Pricing Discussion, And An Open Letter To Uber…

November 6th, 2015 · 1 Comment
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OH MY GOD YOU GUYS…based on my informal data collection, I really think that we’re approaching peak Uberbitching- I’ve been called upon multiple times in the past week or so to talk about this issue and why it gets people’s panties all in a twist, and I’m not even that popular. (It’s also funny because […]

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Things That Should Actually Exist, Video Game Edition…

June 4th, 2015 · No Comments
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For reasons like these, I totally stand by my earlier Paul Krugman/John Cochrane bar fight assessment: Exciting. "Here's Paul Krugman As An 8-Bit Video Game Character" http://t.co/zmuF95kZ6X pic.twitter.com/uaWouujeXy — pourmecoffee (@pourmecoffee) June 2, 2015

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Correlation Does Not Imply Causation, Reverse Causality Edition…

December 18th, 2011 · 36 Comments
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Since you seemed to like the correlation charts from yesterday, I figured I would give you one more related item. When two events A and B are correlated (i.e. happen together), we can’t tell whether event A caused event B (rain caused me to bring my umbrella), event B caused event A (bringing my umbrella […]

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Economists, Charity And The Boston Marathon (And A Request For You)…

April 20th, 2009 · 15 Comments
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Today is Patriots Day in Massachusetts- yes, this is actually a state holiday, but what it really means is that the Greater Boston area shuts down for the running of the Boston Marathon. The Boston Marathon is one of the most popular marathons in the world, and it is one of the few marathons to […]

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Bar Stool Economics…

November 18th, 2008 · 15 Comments
Behavioral Econ · Just For Fun · Uncategorized

A friend sent this to me, and I figured it was entertaining enough to warrant posting: Suppose that every day, ten men go out for beer and the bill for all ten comes to $100. If they paid their bill the way we pay our taxes, it would go something like this: The first four […]

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Tags: Behavioral Econ · Just For Fun · Uncategorized