Friday, July 20, 2018

Broadway and Economics has been published!

Available through Amazon and other bookstores

Economics has often been described as "the dismal science," with TV and movies reinforcing this description. However, economics is a powerful tool that can be used to understand how the world works, helping to answer confusing puzzles and solve the world’s problems. Surprisingly, Broadway musicals are an excellent way to show this.

Friday, May 25, 2018

Promotion and lack of posts

Sorry for the lack of posts.  I took over as interim dean of the Sigmund Weis School of Business at Susquehanna University in May 2017 and permanent dean in May 2018.  That has cut into my blogging time dramatically and I expect the lack of posts to continue.  That said, I am writing stories for our local newspaper occasionally and will try to also post them here.

Story is here.

Saturday, March 17, 2018

New Oped in Fox News

If we simply paid athletes, coaches would still have value but not nearly as much. For example, suppose Louisville has the best college coach in the country, but offered an athlete a salary of $20,000 in addition to the full scholarship. Suppose UCLA had the 10th best coach, but offered that same athlete a salary of $35,000. You could imagine that many of the athletes in this situation would choose to take the higher salary over the best coach.