This post is as much for my future reference as to share ideas with you. Some economics professors at Purdue University have developed presentations on art and economics, finding artworks that can be used to illustrate or discuss different aspects of business and finance. Although many of the images are under copyright, you can use… [Read More]
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Life in Chiberia
We sometimes forget how big a role the weather plays in the economy. Robert Gordon has argued that air conditioning has had a greater economic effect than the Internet; air conditioning made such major cities as Atlanta and Houston habitable during the summer, while the Internet just took away the margin of retail bookstores. GDP… [Read More]
Housing sputters, or does it?
Homeownership is a big part of U.S. culture, and yet, the rate of homeownership is falling. For the first quarter of 2014, the U.S. Census department reported that 64.8% of homes in the U.S. are occupied by their owners, the lowest rate since 1995. If traditional patterns still hold, then this is a sign of… [Read More]
Burkina Faso: Dreams of Dust
Burkina Faso, formerly known a Upper Volta, is poor and land-locked. It has gold, though, and if you live in a poorer country, that creates attractive employment opportunities. Dreams of Dust is a French-Canadian movie about someone from Niger who comes to Burkina Faso in search of work. Mocktar, our hero, arrives about 20 years… [Read More]
Spring has sprung.
Spring has come to Chicago, and it is so hard getting any work done.
