Author Archives: andrewjmonaco

Sunday Sound: Live at Jazz San Javier

2014 – Avishai Cohen: C# Minor Advertisements

The Marginal Rate of Substitution for beer …

… might be quite steep for customers at this bar (courtesy of the Chive):

The Economics of the ALS Ice Bucket Challenge

In case you’ve been living under a rock for the last month or so, the ALS Ice Bucket Challenge has been a campaign to encourage donation to the ALS Association, an organization that provides support to those afflicted by amyotrophic lateral sclerosis (ALS) – also known as Lou Gehrig’s disease. The Ice Bucket Challenge has […]

3-minute lesson: Debt and the U.S. Federal Government

Here’s a 3-minute explainer courtesy of the Brookings Institute on the federal debt, whether we should be worried about the debt today (probably not), and whether we should be worried about it in the future (probably yes.)

Back to Blogging

After several months of dormancy, I look forward to a new academic year of posts on Close to the Edge starting in this September. Between preparing a pair of new courses for the upcoming year, research work, and advisement for the student writers of Sound Economics, it promises to be a fulfilling time – with lots […]

Virtual Economies

Via Dorkly, a great look at the economics of online gaming, including the unique features and challenges faced by developers, gamers, and regulators alike.

Risks and Health

HT to Barry Ritholtz for sharing this video on how we (fail to) understand risk in the context of health care policy. It includes a great example of why requiring child seats on planes is inefficient, and what diseases are real killers in the United States.