What Do U.S. Oil Production and Mick Jagger Have in Common?

Photo: hiabba They both peaked in the late 1960’s. You can infer that, anyway, from this handy chart at the blog OverthinkingIt. They found a correlation between the decline in U.S. oil production and the decline in the quality of pop music, as measured by Rolling Stone‘s list of the 500 Greatest Songs of All […]

Ouch!

It isn’t often that economics makes the pages of Science, but I finally got around to taking a look at E. Roy Weintraub‘s review of Steve Marglin‘s The Dismal Science: How Thinking Like an Economist Undermines Community. (Gated copy here.) The prophet Jeremiah is alive and well and teaching economics at Harvard. It is not […]

Mick Jagger, Profit Maximizer

Today is the birth date of Michael Philip Jagger, known to the world as Mick. As true fans know, Jagger isn’t just the long-tenured front man of the Rolling Stones; he was also a student of finance and accounting at the London School of Economics. He did not graduate from LSE, however; he attended for […]