While the NY Times doesn't report any NBA news today, it is filled with other interesting stuff. 1. The local externality imposed by ...
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NEW Outsourcing in Cities READ HERE
Catherine Rampell has written an excellent piece about how we allocate our scarce time. Note that neither the word "city" nor &q...
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NEW Conspicuous Consumption in Los Angeles READ HERE
I was in a West Los Angeles parking lot next to where my son takes fencing lessons. While I agree that this is not a location chosen at ran...
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NEW Fixed Effects READ HERE
A psychologist reports that those who smiled in their College yearbook photo were much less likely to subsequently divorce than those serio...
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NEW The Evolving Geography of China's Industrial Production READ HERE
In joint research, I have just released a new NBER Working Paper that examines the causes and consequences of shifts in the economic geogra...
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NEW Free Riding and River Water Pollution in China READ HERE
In September 2013, I visited the National University of Singapore and had the opportunity to work with two economists at their I nstitute of...
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NEW The Efficient Allocation of Rural Land in Upstate New York READ HERE
Back in the mid-1980s, I attended Hamilton College. I would take the Amtrak train from Westchester to Utica and as the train traveled North ...
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NEW Safety Net Convergence? Will France Imitate Texas? READ HERE
This article is worth reading. For decades, France has ignored Milton Friedman's logic and has heavily taxed its economy to provide f...
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NEW Climate Change Adaptation and Big Data READ HERE
The New Yorker Magazine tells an optimistic story about how "Big Data" will help farmers cope with climate change and climate r...
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NEW Redistribution in Cities: The Case of Mayor De Blasio READ HERE
While Google doesn't have it recorded, roughly 15 years ago, Ed Glaeser, Jordan Rappaport and I wrote a paper titled "Redistribut...
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NEW An Unusual Day in My UCLA Environmental Economics Class READ HERE
I've been a professor for 20 years now so I'm seldom surprised by what goes on in the classroom. Today was funny. If you click h...
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NEW Houston Apartment Up For Sale READ HERE
I received word this weekend that the Houston apartment complex is up for sale. In fact, we already have two offers for it. Unfortunately, I...
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NEW Climate Change and the Food Supply READ HERE
The NY Times has a lead article saying that the IPCC says that climate change will reduce the food supply during a time of global populati...
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NEW Al Gore's WSJ Editorial on Carbon Intensive Portfolios READ HERE
The Vice President makes some hard headed arguments about the risks that companies such as Exxon and mutual funds who invest in such fossil...
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NEW Apartment September Numbers And HML #28 Pay Off Delay READ HERE
September saw a continuation of the good performance of the Houston apartment complex. Rental income (which excludes utility chargeback amou...
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NEW Which Cities Can Take a Punch? READ HERE
The New York Times has published a very good piece on urban adaptation to natural disasters. Note its implicit optimism that New York Cit...
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NEW Behavioral Economics and Climate Change READ HERE
Cass Sunstein suggests that we aren't scared enough of climate change. He should consider distinguishing public action (i.e carbon pr...
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NEW United Airlines and No WiFi Access READ HERE
I was shocked that I didn't have Internet access last night on my 4 hour flight from Chicago to Los Angeles. Now that I have read thi...
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NEW Urban Economists on the Off Diagonal READ HERE
At the University of Chicago, photos of the entering class are taken and put up on the wall. Here is a photo taken in early October 1988. ...
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NEW Unintended Consequences Caused by Women who Work in the Market Sector READ HERE
Katie Couric says that her ratings are down because of this. Rick Flyer and Sherwin Rosen investigated the long term consequences for pub...
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NEW Krugman and Climate Change Adaptation READ HERE
Paul Krugman has written an excellent review of his first mentor's new book. Dr. Krugman is a consistent thinker. He devotes merely tw...
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NEW Some Press Coverage from Forbes about my University of Chicago China Lecture READ HERE
On Thursday October 24th, I gave a lecture at the Harris School at the University of Chicago co-sponsored by the Energy Policy Institute at ...
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NEW The Quality of Southwest Airlines Flights that Last More than One Hour READ HERE
Yesterday I took my longest trip on Southwest Airlines as I flew 3.5 hours from Phoenix to Chicago. I give the airline an A-. On the plu...
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NEW HML #28 Paid Off And Looking Towards 2014 READ HERE
HML #28 was paid off on Friday. This loan was started just a few months ago in August and, at the time, we knew it was going to be a short ...
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NEW Financing New York City's Defense Against Climate Change Risk READ HERE
Hurricane Sandy threw quite a punch at NYC. This article makes a number of reasonable points but then it ends on a funny and revealing no...
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NEW A Quick Return to Chicago READ HERE
I was born in Chicago. I met my wife there and I will be there on Thursday and Friday. On Thursday, I will given this talk at the Univers...
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NEW Amazon and the Economic Theory of Predation READ HERE
The New York Times reports that Amazon's business model is to take over every retail market by offering low prices and high quality s...
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NEW A Global Economics Rank of #257 in REPEC's "Recent Publications" Category READ HERE
Based on a ranking of all of the world's economists based on one's publications over the last 10 years , I rank #257. Based on this...
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NEW Publication Lags READ HERE
Here is a piece that I swear I wrote two years ago on climate change adaptation. It has now appeared in the prestigious European Financial ...
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NEW Research Fields in Modern Economics READ HERE
I received my Ph.D in 1993. I went back to my university's webpage to learn about their current Ph.D program. I found this webpage ...
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NEW Endogenous Property Rights READ HERE
If I want your sneakers, I can either pay for them or I can steal them. How I achieve my goals depends on whether I take property rights as...
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NEW My UCLA Field Trip to the Aquarium of the Pacific READ HERE
On early Saturday morning, while other academic economists are sleeping, consulting and/or thinking, I will be taking 34 UCLA Freshmen to th...
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NEW Gary Becker's Recent World Bank Talk on Inequality and Upward Mobility READ HERE
In September 2013, Gary Becker gave a great talk at the World Bank. You can watch it here.
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NEW Building a Better New York City READ HERE
In the Arts Section of today's NY Times, Michael Kimmelman gets to have a lot of fun as he traces his "free lunches" for New...
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