
The microeconomic perspective on daily events.
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My father’s mother became a first time grandmother at age 46. My mother became a grandmother at age 60. What is changing in our country? Why is “delayed Grandparenthood” now taking place? Why is this trend more steep for more educated peopl...
The California Post has a catchy headline. Here I want to discuss what is a valid empirical test that this CEO is correct.
In my past research , I have documented that manufacturing firms seek out states and counties featuring less enviro...
I lived in Baltimore from Fall 2019 until Summer 2020. I have walked past “the vacants”. I am delighted to read this Wall Street Journal piece about the new real estate opportunities now playing out as real estate investors buy these proper...
Dora and I buy insurance for our car, home, lifespan, health, disability and travel. For profit firms are willing to bet that we won’t crash our car, drop dead, experience a wildfire, become disabled, or have some catastrophe on a trip abro...
I enjoy teaching undergraduate economics. As the new school year starts, professors are wrestling with how to incorporate AI in our classes. In this Substack, I want to talk about my revised essay; “Will AI Improve Undergraduate Economics E...
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The writers behind this newsletter.
Provost Professor of Economics at the University of Southern California. Visiting Fellow at the Hoover Institution.
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