Tag: Economics

Charity Free Riding

As we all know, the gospel is overrun with economic doctrine.  On that note, I noticed a quote about free riding from President Monson (which I just saw at Mormon Times): “I am confident it is the intention of each…

Markets and Consumer Activism

With fair regularity, one hears someone talking of efforts to buy less of some commercial product, either out of a desire for global conservation or because he doesn’t like how it is produced or whatever. Invariably, he comments that his…

The Opportunity Cost of Publishing

In this excellent post, Rosalynde talks about the gender differences in subject material among Deseret Book writers. This renews the discussion brought up by Taryn Nelson-Seawright on the same difference existing in other Mormon outlets. Explanations abound for this phenomena,…

Why Europeans look lazy

It is a well established fact that Europeans perform vastly less formal market work than Americans. A less known fact is that this is a recent development— in the late 50s, Europeans worked about 10% more hours, but this has…

Peak oil and taxes

On the Urban thread, Jonathan Green pointed out that the major issue with oil scarcity may not be how much oil we have in the ground, but how much we can pump in a given year. If we are maxed…

The Mormon Bankrupt

Utah has a very high rate of bankruptcy. In 2000 it hovered at around 7 filings per thousand people– twice the national average. This lonely fact has launched a thousand explanations for why Mormons have such a problem with defaulting…

Is Poverty Satanic?

One of the most important scriptural texts for the theological consideration of poverty is to be found in Alma 32. This chapter discusses Alma’s mission to the Zoramites. During a sermon on the hill Onidah, Alma is approached by a…

Give to the Beautiful

We had a seminar recently from an experimental economist out of the University of Chicago. He has done a variety of cool things using field experiments. Let me mention the one he presented. The experiment involved sending people door to…

Choose Your Own Adventure

Let’s play a game. You can choose between two jobs. One pays $50,000 and the other pays $100,000. You know, or can guess, that if you take the first you will give about $5,000/yr in fast offerings and other gifts…

6.6 Billion

According to the IRS, the federal tax code uses up 6.6 billion hours of time for people and businesses to fill out their tax forms. Now, to tell the truth, I sort of like doing my taxes. The numbers are…

How much is it worth?

Suppose you think the world would be a better place if there were no Walmarts in your town. Then the next question is, suppose you could live in the world where Walmart was not allowed, but you had less money.

Rationality

Occasionally there is some odd comment here or there on this site alluding to “rational choice” models. Now almost nobody in economics uses this phrase, because you don’t need a word to describe what everyone is doing. Yet rationality seems…

“Don’t Be Evil”

Unless you have been spelunking for several days, you have heard a lot more about Google recently than you ever wanted to know. (Of course, if you want to know even more, I invite you to check out my other…