Wednesday, September 26, 2007
Outsourcing Works, So India Is Exporting Jobs - New York Times
Outsourcing outsourcing.Outsourcing Works, So India Is Exporting Jobs - New York Times
Tuesday, September 25, 2007
YouTube - Did You Know 2.0
Thursday, September 20, 2007
Economics Blog : Greenspan Cracks a Joke and Breaks It Down
Wednesday, September 19, 2007
The New York Times - Opinion
Saturday, September 08, 2007
Don't Drink the CAFE Kool-Aid
Don't Drink the CAFE Kool-Aid: "Don't Drink the CAFE Kool-Aid The Wall Street Journal, September 6, 2007 Robert W. Crandall, Senior Fellow, Economic Studies Hal J. Singer, President, Criterion Economics"
Here's an additional reading on applying cost benefit analysis to CAFE (corporate average fuel efficiency) standards.
Here's an additional reading on applying cost benefit analysis to CAFE (corporate average fuel efficiency) standards.
Tuesday, September 04, 2007
Here's another example of the "snob effect" messing with the law of demand.: "In Tuition Game, Popularity Rises With Price"
COLLEGEVILLE, Pa. — John Strassburger, the president of Ursinus College, a small liberal arts institution here in the eastern Pennsylvania countryside, vividly remembers the day that the chairman of the board of trustees told him the college was losing applicants because of its tuition.
It was too low.
So early in 2000 the board voted to raise tuition and fees 17.6 percent, to $23,460 (and to include a laptop for every incoming student to help soften the blow). Then it waited to see what would happen.
Ursinus received nearly 200 more applications than the year before. Within four years the size of the freshman class had risen 35 percent, to 454 students. Applicants had apparently concluded that if the college cost more, it must be better.
“It’s bizarre and it’s embarrassing, but it’s probably true,” Dr. Strassburger said.
COLLEGEVILLE, Pa. — John Strassburger, the president of Ursinus College, a small liberal arts institution here in the eastern Pennsylvania countryside, vividly remembers the day that the chairman of the board of trustees told him the college was losing applicants because of its tuition.
It was too low.
So early in 2000 the board voted to raise tuition and fees 17.6 percent, to $23,460 (and to include a laptop for every incoming student to help soften the blow). Then it waited to see what would happen.
Ursinus received nearly 200 more applications than the year before. Within four years the size of the freshman class had risen 35 percent, to 454 students. Applicants had apparently concluded that if the college cost more, it must be better.
“It’s bizarre and it’s embarrassing, but it’s probably true,” Dr. Strassburger said.
