Preferences in The Warriors Bryan Caplan By Bryan Caplan, Oct 20 2014 SHARE POST: Economics makes many things funnier. But econ’s comedic value-added for the final scene of The Warriors (1979) is truly rich. The first 15 seconds have the big unintended joke, but don’t stop there.
Oct 20 2014 Microeconomics How Economics Helps Us Understand: Airline Practic... Art Carden The world is a pretty complex and mesmerizing place, and people (and firms) do a lot of things that are, at first glance, hard to understand. Consider airlines. I've heard on numerous occasions complaints about how major carriers board their planes inefficiently: by using alternative loading and unloading schemes, the... 5 Read More
Oct 20 2014 Macroeconomics Nominal GDP is not real (and is really tiny) Scott Sumner Sometimes I argue that nominal GDP is like Coke, it's the "real thing." By that I mean it's a well-defined concept, the dollar value of all output of final goods and services. Of course I exaggerate, there are some conceptual problems in how to define NGDP. But real GDP has all those problems, and much deeper ones. ... 23 Read More
Oct 20 2014 Behavioral Economics Preferences in The Warriors Bryan Caplan Economics makes many things funnier. But econ's comedic value-added for the final scene of The Warriors (1979) is truly rich. The first 15 seconds have the big unintended joke, but don't stop there. 0 Read More