Nationalization of US Credit Markets: Where Is the Analysis?
Over and over during the last week we’ve been told that unless Congress, the Treasury, and the Fed take “bold action,” credit markets will freeze, . . .
Nationalization of US Credit Markets: Where Is the Analysis?
File Sharing Controversy: The Chronicle Weighs In
The Chronicle of Higher Education provides a useful summary of the OS-Liebowitz debate on file sharing we’ve been following for a while (thanks to David Glenn for the tip). I . . .
Mike Jensen Explains SSRN
Mike Jensen, the distinguished financial economist and co-founder of SSRN, is interviewed here by Growthology’s Tim Kane. Everyone knows that electronic distribution of working papers has been extremely . . .
Hell No, Don’t Let Them Go!
It is springtime, but already the thrills of March Madness have fallen into a painful abyss. Die-hard college basketball fans, so recently frantic over their . . .
Is Britney Inefficent?
My colleague Thom Lambert has a nice piece on Britney Spears over at Truth on the Market. Yes, really. Thom asks whether Britney’s popularity, which seems unrelated to intrinsic . . .
Prediction Markets vs. Conventional Wisdom
I promised to start by addressing some common criticisms of prediction markets. What better way to start than by attacking my friend, GW colleague, and . . .
Ben Klein’s Reply to Coase
Ben Klein’s new paper, “The Economic Lessons of Fisher Body – General Motors,” appears in the February 2007 issue of the International Journal of the Economics of Business. He . . .
The University of Phoenix and the Economic Organization of Higher Education
The Sunday New York Times features a lengthy, and mostly unflattering, look at the University of Phoenix, the world’s largest for-profit university. The tenor of the Times piece is set by . . .
Understanding World Trade
Even the smallest economic factor can scarcely escape the effects of global commerce today. For example, a local tomato farmer may be competing with foreign . . .