I recently made a casual prediction to co-blogger Bob that an Obama presidency (combined with a Congress to the left Mao) would trim at least 0.5 points and 10 ranks off the United States economic freedom rating (currently 8.04 and tied for 8th).

Though it could be equally applied here as well: "Financial crisis: We're all socialists now, comrade" Some snippets: For the Government to take stakes in our leading banks in order to re-capitalise them is not quite the sovietisation of Britain, but...

Writing on the Freakonomics blog, Dan Hamermesh suggested that MLB attendance is an inferior good (attendance increases when the economy weakens) because unemployment reduces the opportunity cost of attending games.

From the Chronicle of Higher Ed ($): Congress is crafting a second economic-stimulus bill, and the nation’s colleges, hit by the deepening fiscal crisis, want a share of the money.

At breakfast this morning, I mentioned to my Dad that George W. Bush is going to start a free-market think tank. His response: "what are they going to call it? The Richard M. Nixon Economic Freedom Initiative?"...

Is it separating consumers by marginal value/willingness to pay or by risk preference? Here's an article from this morning's Memphis Commercial Appeal. A choice quote: "My face was on fire the half hour I had to wait in line for the electronics...

Yesterday's WSJ ran an article listing 10 teams that supposed achieved the "least with the most," as determined by having the lowest winning percentage over the past decade among teams averaging at least two players per year drafted by the NFL. The...

A few weeks ago, a friend posted a link to a story about how the NAACP is pressuring President Obama about African-American unemployment. Sadly and tragically, "repeal the minimum wage" is not one of their proposals even though the evidence suggests...

My econ 101 students have to write a review of Russ Roberts's The Price of Everything this semester. Some questions corresponding to each chapter are below the fold. Comments are open for a few days if you have any suggestions; if you like any of these...