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One Woman's View of the Female Wage Gap

Sheryl Sandberg at the World Economic Forum Annual Meeting 2012. (Photo: World Economic Forum) Jennifer Colosi runs a San Francisco executive search firm with a concentration in finance. Here’s what…




Raghuram Rajan on the Recession

…“long-term sustainable growth.” Rajan writes: “The United States must improve the capabilities of its work force, preserve an environment for innovation, and regulate finance better so as to prevent excess.”…




Solving Problems in the Real World

…vacuum of finance that it create[d],” as euros flee from Greece, and as bank loans dry up in Spain, I wished that the 964 fully solved problems included one or…



Paying for "Transparently Useless Advice"

…when most future events are predominantly random? What explains, e.g., the significant money spent in the finance industry on people who appear to be commenting about random walks, payments for…



Excerpt from The Knockoff Economy: Tweakonomics

…(IP) protections are central. We do something different: we explore innovative industries—such as fashion, food, fonts, and finance–in which IP is either unavailable or not effective. In these industries copying…







Lying to Ourselves (Ep. 97)

…the transcript here.) The episode was inspired by a recent poll I saw on Yahoo! Finance: Does anyone believe for a minute that this many people would actually leave the…



The Return of the Freelance Economist

…I completely agree. I hope that will not be necessary. A couple other random observations: I thought the mix of industries was interesting. I saw video games, consumer finance, real…



Patience and Crime

…both property and violent crimes. We proxy time preferences employing: 1) the amount of short-term debt to finance consumption (the consumer credit share); 2) the prevalence of obese people according…




Is Changing the Coach Really the Answer?

…I published a study of NBA coaching in the International Journal of Sport Finance. This paper took a different approach, examining how NBA coaches impacted the productivity of individual NBA…



The New Medicare Tax

…a job pays $1,450 herself, and $1,450 through her employer to finance Medicare? This seems inequitable. The tax on all investment income, regardless of one’s total income, should be the…



Investing in a Warmer Future

…as efforts to curb greenhouse gas emissions have faltered: Venture capital and private equity investments fell 34 percent last year, to $5.8 billion, according to Bloomberg New Energy Finance. Now…



One University That Isn't Cutting Costs

…58 percent. Liberty officials say such statistics reflect an admissions policy geared more toward opportunity than exclusivity. And Liberty is doing well on the finance front too: “The university ended…



How to Fix College Coaching?

…I co-authored with Mike Leeds, Eva Marikova Leeds, and Mike Mondello and published in the International Journal of Sport Finance (full PDF here) looked at 62 NBA coaches across thirty…




Losing Experienced Teachers Is Bad for Schools, Right?

…Family and personal circumstances also influence the labor-leisure decision in ways that lead to ambiguous predictions of the effect of ERIs on achievement. Finally, principals and administrators may respond to…



How to Control Runaway Entitlement Spending

…places them in the top 1.5 percent of the household income distribution, are not wealthy by modern standards), but they are comfortable. They can afford to finance their retirement through…



Charity "Shoppers" vs. Charity Investors

…coverage effectively, with no evidence of the feared “sunk cost” effect, in which people do not use items acquired for free. Two microfinance charities stand out for their innovative work…



Can Economic Growth Continue Forever? Of Course!

…City. It’s a high-income place, and has for more than a century been a creative powerhouse: publishing, music, fashion, art, finance, software, you name it. But energy consumption per person…



Some Evidence on Whether Money Buys Political Influence

…donations facilitate the wealthy’s well-documented greater influence with legislators has long inspired reformers to make changes to the system of campaign finance. Our results support their concerns.” (HT: The Daily…




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Episode 457

Is Dialysis a Test Case of Medicare for All?

Kidney failure is such a catastrophic (and expensive) disease that Medicare covers treatment for anyone, regardless of age. Since Medicare reimbursement rates are fairly low, the dialysis industry had to…

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Episode 462

The Future of New York City Is in Question. Could Andrew Yang Be the Answer?

The man who wants America to “think harder” has parlayed his quixotic presidential campaign into front-runner status in New York’s mayoral election. And he has some big plans….