Category: Economics In Real Life

love economics, and balloons

Love Economics: The Partner Markets

Preamble: this is a Valentine-specific blog post about the search for love. It’s from last year. I’m re-sharing it. Searching for a partner often sounds like looking for the right pair of shoes. Only, it’s a very specific shoe that you’re hunting for. It needs to be the right size, comfortable, fitting with your personal sense of style, and […]

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drake equation love

The Drake Equation for girlfriends

Or for partners in general. Although the good news is that it's probably wrong.

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land redistribution

Land Redistribution: It Doesn’t Work

Not if you want the new farmers to hold the private property rights to their new land.

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christmas gifts

The Deadweight Loss of Christmas Gifts

Are gifts better in cash or in kind?

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organs and second life

The difficult allocation of organs

What happens when there is no acceptable market for something that people need?

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black friday sale

Black Friday and Cyber Monday: there is no such thing

Black Friday and Cyber Monday sales are a myth.

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a famine of sparrows

We’re Definitely Wrong. And a famine of sparrows.

History's biggest lesson: in the end, we're going to have it all wrong. But in the interim, here's an example that involves sparrows.

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yemen, water crisis and qat

Yemen’s Water Crisis

The bad economics of qat production.

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art investing

How Art Gets Its Value

How investors decide whether an artwork is worth it.

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the economics of life in abundance

The Economics of Life In Abundance

Is there a less economic answer to the economic problem of scarcity?

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