economics

Underdogs in Education (Part 1): For-Profit Schools as a Case Study in Game Theory

Underdogs in Education (Part 1): For-Profit Schools as a Case Study in Game Theory

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Reading Time: 4 minutesThis is Part 1 of a Two-Part Post on Education in America. David and Goliath, one of the most well-known stories in the bible, provides a good framework for evaluating competition between asymmetrical combatants. When you’re an underdog, you don’t win by playing by the book. You have to take risks and embrace schemes that may increase […]

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No, Walmart’s Biggest Export isn’t Low Wages: The Folly of Blaming Big Business For Poverty

No, Walmart’s Biggest Export isn’t Low Wages: The Folly of Blaming Big Business For Poverty

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Reading Time: 3 minutesThanksgiving dinner is approaching and Ashton Kutcher’s brought enough self-righteousness for everyone: “Following the news earlier this week that employees at a Walmart in Canton, Ohio had set up a food drive in their store for coworkers who couldn’t afford a happy Thanksgiving, “Two and a Half Men” star Ashton Kutcher took to Twitter to

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Intellectual Curiosity and Control of Your Future

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Reading Time: 3 minutesWith the spring semester set to kick off at most colleges, a timely post from the past: Here are a few courses everyone should sign up for regardless of major or specialization. In no particular order….. Introductory Macroeconomics: A basic understanding of macroeconomics is essential for evaluating many of the political and financial proposals brought

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Testimonies and Transformations: Man’s Tangle With The Supernatural

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Reading Time: < 1 minuteThanksgiving marks the official start of the holiday season. Consumer fervor and ideological hypocrisy abound as (not-so) evil businesses prepare for the Christmas rush. Unruly lines at the mall are as big a sign of the season as tree-less leaves and chilly evenings. Here’s a change-up: (Credit: Youtube User: Spiritlessons) This video is a series of

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What Kentucky Fried Chicken Can Teach Us About Saving Wildlife

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Reading Time: 2 minutesI alluded to this in my post on The Tragedy of the Commons: Although well-intentioned, bans on hunting and trapping do little to protect animals on the endangered species list. When we examine the underlying economic and sociological principles behind common measures enacted to protect animal populations, the preceding statement rings true.

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“No” Doesn’t Always Mean No now on Amazon.com

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Reading Time: < 1 minute“No” Doesn’t Always Mean No is now available in paperback on Amazon.com. Pick up a copy and forward the link: http://www.amazon.com/Doesnt-Always-Mean-Influencing-Cooperation/dp/0615515231/ref=sr_1_12?ie=UTF8&qid=1343999833&sr=8-12&keywords=no+doesn%27t+always+mean+no If you’d like an autographed copy or want to make a bulk purchase, contact me. Thank you.

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From “The Big Book Of Bad Ideas”: NYC Moves To Ban Sugary Drinks

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Reading Time: 4 minutesNew York is abuzz with a new proposal from NYC Mayor Michael Bloomberg: New York City plans to enact a far-reaching ban on the sale of large sodas and other sugary drinks at restaurants, movie theaters and street carts, in the most ambitious effort yet by the Bloomberg administration to combat rising obesity. The sale

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