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Economics

The Case for Doing Nothing

Concerning the economy, I agree with this article quite closely. I think it is worth reading. The Case for Doing Nothing by Dr Jeffrey A. Miron

Burning Money

I think that the Fourth of July is one of my least favorite holidays. Now I typically do fun things and often spend time with family on the Fourth of July, but I usually do that for most holidays, so when comparing and ranking holidays, activities like that are really irrelevant (because they are the […]

Why I Don’t Say I’m an Econ Major

When people ask me what my major was or what my degree is in I usually say “mathematics.” I’ve been encouraged a number of times, particularly by my dad, to not leave off the “and economics” because I did double major. So let me explain why I typically only claim mathematics. Microeconomics versus Macroeconomics Economics […]

Legalization of Illicit Drugs

I know that I have mentioned to several people in various conversations the economic perspective that illegal drugs should be legalized. Unfortunately, I have not been versed enough in the details of the subject to give a very motivating argument. Dr Jeffrey Miron, an economist at Harvard University, published an article about the topic last […]

Christmas: An Economic Inefficiency

I realize that Christmas is over now, but I’ve wanted to address this topic so I am going to do it anyway. I have heard a number of economists (both students and professors) cite and discuss the economic inefficiency of Christmas—particularly of gift-giving. I typically think about this each year at Christmas time, and this […]