Sex, Drugs and Economics

Late last year, I wrote a post about excess demand for New Zealand's Great Walks : When a good or service has no monetary cost, there ...

Tim Taylor's The Conversable Economist blog is one of several blogs that I wish I read more often. I usually find it quite insightful a...

In the first week of ECON110, we talk about unintended consequences. One of the examples I ask students to consider in class is what would h...

There is a long history of research demonstrating positive returns to education. That is, the benefits of education typically exceed the cos...