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Journal Article
Bubble, bubble, toil and trouble: asset prices and market speculation
As the Dow toys with 10,000, investors everywhere are positively giddy. But is this unprecedented growth being driven by fundamentals or black magic?
Journal Article
Rush-hour horrors: how economics tackles congestion
Apart from environmental arguments, the best way to reduce traffic is to hit drivers in their pocketbooks.
Journal Article
Overblown productivity?
Journal Article
Letting the good times roll on riverboat casinos
Journal Article
Going once, going twice, sold: auctions and the success of economic theory
It has been said that, "the value of anything is not what it cost to produce, but what you can get for it at an auction." The U.S. government's proving just that with its auctioning off of telecommunication license.
Journal Article
Should cities pay for sports facilities?
Taxpayers can get more bang for their buck on other projects, but saying "no" to the home team is hard to do.
Journal Article
Exports in the Eighth District - an update