Month: September 2015

Some Resources for Advanced Math in Economics

I am now in my first semester of my first year of an economics Ph.D. at GMU. The professors wasted no time throwing the math our way. This article describes the kind of math used in Ph.D. economics courses as

Another Exception to the Law of Demand

Some economists uphold the strength of the laws of economics just like any other science. I agree and disagree. I think there are some unchanging laws of economics, but not the ones usually discussed. Moreover, I think the often discussed

Price Gouging and Morality

My position: Price gouging is sometimes less than optimally moral and efficient. The status as immoral or inefficient depends in part on the degree of gouging. It should be legal anyway. Common sense pro my position: Price gouging is probably