Latest Articles

Although Self-interested does not mean selfish, this guy is a selfish jerk

Self-Interested Does Not Mean Selfish

When People Hear “Self-Interested,” They Often Think of Jerks “Self-interest” tends to be an ugly phrase among non-economists (particularly sociologists to my limited experience.)  For many people it implies screwing other people over, taking advantage ...
Higher cost of buying sex without backpage

Sex Trafficking on Backpage Debate

Background is the second largest classified ad website after Craigslist.  Like Craigslist used to, Backpage has a section for adult ads and content.  Many “pimps” use the site to advertise women that they control ...
Keep Calm and Pay More Taxes

Federal vs Household Budgets

I saw the following message about federal vs household budgets floating around Facebook like crazy during the election when the federal budget was popular to talk about.  With the fiscal cliff stuff going on, I’ve ...
Professor Ponzi Scheme

Social “Ponzi Scheme” Security

I’ve occasionally made passing comments about how similar the Social Security system is to a Ponzi Scheme.  Unfortunately some politicians have done the same, but only after pulling some benefits from it to pay for ...