Saturday, May 18, 2024
Why is this joke wrong, [yet still funny]?
Monday, February 5, 2024
Apocryphal management story
When the CEO left the company, he gave his successor three envelopes to open when she encountered challenging problems.
When she ran into trouble the first time, she opened the first envelope and it said to “blame your predecessor.” She did, and the trouble passed.
When she ran into trouble again, she opened the second envelope and it said “Reorganize.” She did, and the trouble passed.
When it happened once again, she opened the last envelope and it said “Prepare three new envelopes.”
Wednesday, January 31, 2024
Jan 31 - Hug An Economist Day
A much undeserved constituency finally gets some love. ;-)
Hug An Economist Day
The U.S. celebrates Hug An Economist Day on January 31 each year. Now, it’s obvious this day was meant to show your affection for economists, but we like to think it also encourages us to learn more about economics and how it affects us. Unfortunately, we don’t know much more about this day, like who initiated these celebrations or when they began. For now, this might be an unofficial holiday, but we urge you to celebrate officially and with gusto! If you’re interested in becoming an economist and pursing a degree in business, check out these business scholarships.
Hug An Economist Day Activities
Hug an economist
We only recommend this with economists you really know (and are close to). If you are lucky enough to count an economist among your loved ones, go on and give them a huge hug to show your appreciation for all they do.
Celebrate the profession and the field
Host an economics-themed party. Design little dollar-shaped cupcakes, dress up as famous economists, and even play economics-themed games. Monopoly, anyone?
Learn about economics
Economics is used in conjunction with several other fields, including business, marketing, education, and even the environment. There are plenty of resources that make learning new economic theories and concepts fun — check out videos, presentations, and even Pinterest for ways to learn and remember new information about this field.
Monday, February 6, 2023
GEEK ALERT: Froeb endorses a product!
Scientific American Ad from 1997, here is the link. I wonder how many people bought the product based on the Ad?
Thursday, November 11, 2021
Tuesday, January 14, 2020
Thursday, May 30, 2019
Thursday, May 9, 2019
Can't Even Trust Man's Best Friend
Thursday, February 28, 2019
Successful economists do not need to self-symbolize
success is positively correlated with goal completion and should reduce the need to self-symbolize.
finds support in the data.
HT: Marginal revolution (link)
PS. For those of your curious about whether I self-symbolize (practice conjugating this verb!), my resume is here.
Thursday, September 13, 2018
My students will find this amusing
HT: MarginalRevolution.com
Thursday, June 14, 2018
Friday, May 11, 2018
Dog invents currency, convinces humans to accept it
Early on in Negro's tenure at the school, he came to be aware of the little store on campus where students gather to buy things on their breaks; sometimes they'd buy him cookies sold there.
This, evidently, is where the dog first learned about commerce — and decided to try it out himself.
"He would go to the store and watch the children give money and receive something in exchange," teacher Angela Garcia Bernal told The Dodo. "Then one day, spontaneous, he appeared with a leaf in his mouth, wagging his tail and letting it be known that he wanted a cookie."
The dog has apparently have found a way to credibly commit to not printing money to finance deficit spending. Venezuela could learn something from him.
Monday, May 7, 2018
Adverse Selection in Marriage Markets
Saturday, October 7, 2017
Tuesday, November 15, 2016
Wednesday, November 2, 2016
Wednesday, August 5, 2015
Econ humor is not oxymoronic
Monday, April 28, 2014
Friday, February 28, 2014
Small Niche?
Perhaps it is a sorting mechanism to find gullible shoppers?