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Random Observations for Students of Economics
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09 сентября, 01:08

How to Get People to Get Along

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Click here to read my column in Sunday's New York Times.

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04 сентября, 18:01

A Reading List

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Every few years, I teach (in addition to ec 10) a freshman seminar for about a dozen students. The seminar is essentially a book group for students who are taking introductory economics concurrently or who have advanced placement credit in economics.  Here is a list of this year's books:The Worldly Philosophers, by Robert Heilbroner On Liberty, by John Stuart MillCapitalism and Freedom, by Milton FriedmanEquality and Efficiency: The Big Tradeoff, by Arthur OkunThe Economics of Inequality, by Thomas PikettyFair Play, by Steven LandsburgFinance and the Good Society, by Robert ShillerScarcity, by Sendhil Mullainathan and Eldar ShafirThe Moral Economy, by Samuel BowlesThe Myth of the Rational Voter, by Bryan Caplan

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03 сентября, 14:10

What I did last night

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Lady Gaga performed at Fenway Park yesterday (and the day before). Apparently, she is the first woman ever to headline an event at Fenway. It was a great concert. Good people watching before the concert started. Ran into a few former ec 10 students.

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30 августа, 15:01

News from Amazon

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Source.To users of my favorite textbooks: Thank you! Have a great semester.

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22 августа, 16:18

What Moderates Believe

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I much appreciated today's column by David Brooks, though he seems to be describing center-right moderates more than center-left moderates (or is that my own bias showing up?).David also taught me a new word: syncretistic.  It refers to combining different forms of belief.

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14 августа, 15:06

Macro Musings

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You can hear me interviewed by David Beckworth here.

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22 июня, 05:30

Report from the NFF

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It is now that time of year when I am enjoying the Nantucket Film Festival. My wife and I today saw The Big Sick. Despite the not very enticing title, we loved it. The film is based on the real-life romance of the two screen writers, emphasizing the difficulty of bridging cross-cultural expectations. It is more heartfelt than a standard rom-com, more comedic than a drama, more earnest than standard Hollywood fare. Most definitely recommended, especially for a date night.

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12 июня, 13:31

Hamilton Tickets Redux

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James Stewart takes a look at theater tickets on Broadway, a topic I discussed last year.  I love his ending:Dynamic pricing and super-premium prices may be relatively new, but the scarcity of tickets for hit shows has a long tradition. Mr. Schumacher cited “My Fair Lady,” the “Hamilton” of the 1955-56 Broadway season. As Broadway lore has it, a man in the audience turned to his neighbor, an older woman, and asked why the fifth-row center seat next to her was empty. “My husband died,” she replied. “Didn’t anyone else want to come?” he asked. “No,” she answered. “They’re all at the funeral.”

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06 июня, 21:08

Advice for Young Economists

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05 июня, 16:37

Economists for Hassett

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An open letter supporting Kevin Hassett's nomination as CEA chair.

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03 июня, 13:16

On Taxes and Deficits

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Click here to read my column in Sunday's New York Times.

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26 мая, 17:08

A New Mankiw Publication

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This one I am particularly proud of, though I cannot claim to fully understand it.