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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NEW The "Make vs. Buy" Decision for Pumpkin Spice Lattes READ HERE
You don't have to be Williamson, Coase or Demsetz, to ponder whether households should make their own Pumpkin Spice Lattes or buy one fr...
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NEW Should UCLA's Leaders Blog? READ HERE
The wise new leader of the University of Wisconsin Madison's Campus is a prominent economist named Becky Blank . Here is her blog and...
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NEW No Free Lunch? READ HERE
A counter-example . Note the rational response to zero prices. Perhaps demand curves do slope down!
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NEW A Trivia Question About the University of Chicago's Economics Department READ HERE
How many current University of Chicago Economics faculty are over the age of 55 and have neither won a Clark Medal nor a Nobel Prize nor bee...
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NEW An Impressive Real Estate Economics Blog from the Federal Reserve Bank of Atlanta READ HERE
I did not know about this real estate blog until now. This blog contains serious content that is presented in a user-friendly way that und...
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NEW Ed Glaeser Celebrates Manhattan's Success at Attracting the 1% READ HERE
Ed provides Bill de Blasio with some free advice for how to lead a great city. The de Blasio Era will offer a great natural experiment to...
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NEW $2,770 Per Square Foot for Palo Alto Housing! READ HERE
Palo Alto has some expensive housing. At $2,770 per square foot, how large a house do you want? Here is one available property for you to...
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NEW My Submission to the New York Cartoon Caption Contest READ HERE
The New Yorker has rejected my cartoon caption several times but I think I have a funny one. Contest #399, October 14, 2013 Your Caption: I...
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NEW California's Jerry Brown Subsidizes Living in the Desert and thus Inhibits Climate Adaptation READ HERE
Jerry Brown has ordered the California PUCs to redesign electricity prices to subsidize inland hot California places at the expense of cool...
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NEW Public Transit "Speeds Up" Thanks to Information Technology READ HERE
Back in 1986, I was a student at the London School of Economics. When I would ride the Tube, I would marvel that the brilliant Brits had fi...
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NEW Behavioral Economics and Tesla's Stock Price Dynamics After the Fire READ HERE
A Tesla car caught on fire and this event "caused" a huge drop in Tesla's stock price. Under the efficient markets hypothe...
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NEW Casey Mulligan's Thought Provoking WSJ Piece READ HERE
President Obama's health care reform certainly offers progressive benefits as it extends access to health insurance. An economist migh...
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NEW A Great Day for UCLA's Institute of the Environment READ HERE
Anthony and Jeanne Pritzker have made a wonderful investment in UCLA. All of the details are available here.
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NEW August 2013 Apartment Numbers READ HERE
The results for August for the Houston apartment complex have just come in from the management company and things continue to go well. Occup...
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