FREAK Shots: Is Beer Bad for Science?

The more beer scientists drink, the less likely they are to have a paper published or cited, according to a new study by Thomas Grim, an ornithologist at Palacky University, Czech Republic. Grim surveyed the behavior of Czech scientists and found a correlation between amount of beer consumed and papers published. But the Czech Republic […]

The Rich Drink Better Beer, Not More

The average item bought by the average buyer has an income elasticity of nearly one: most people roughly double their spending when their income doubles. But everything we buy consists of both a quantity dimension and a quality dimension. What’s clear is that the income elasticity of demand for quantity is less than one: when […]

When Bad Laws Create Good Outcomes: Prohibition Edition

A couple of months ago, Dubner and Levitt wrote about how poorly constructed laws can lead to some unintended consequences. Let me add one more example to their list, albeit one that I’m enjoying. The Pennsylvania Liquor Control Board was set up in the wake of the 21st Amendment, and the end of Prohibition. A […]

What’s That Have to Do With the Price of Beer in Germany?

Dan Hamermesh, on his Economic Thought of the Day blog — it is excellent, and always fun — wrote this recently: A disaster has occurred in Germany: The staple drink – beer – is rising in price. The reason is that there is a worldwide shortage of barley, a major ingredient in the brew. This […]