Elaine Schwartz
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Elaine Schwartz has spent her career sharing the interesting side of economics. At the Kent Place School in Summit, NJ, she has been honored through an Endowed Chair in Economics and the History Department chairmanship. At the same time, she developed curricula and wrote several books including Understanding Our Economy (originally published by Addison Wesley as Economics Our American Economy) and Econ 101 ½  (Avon Books/Harper Collins). Elaine has also written in the Encyclopedia of New Jersey (Rutgers University Press) and was a featured teacher in the Annenberg/CPB video project “The Economics Classroom.” Beyond the classroom, she has presented Econ 101 ½ talks and led workshops for the Foundation for Teaching Economics, the National Council on Economic Education and for the Concord Coalition.

An Imbalance in the Marriage Market

Recent articles about skewed birth rates in China indicate 119 (and more) males are born for every 100 females. Discussing the imbalance, most commentary focused on marriage and how tough finding a wife will become. http://news.yahoo.com/s/afp/20100111/hl_afp/chinapopulationmenmarriage Some thoughts… 1. On…

Insecurity about Homeland Security Spending

I recommend looking at the 2005 American Enterprise Institute paper on homeland security spending at: http://psweb.sbs.ohio-state.edu/faculty/jmueller/DERUGY.PDF Providing insight about where, how, and why approximately $44 billion is being spent, the report expresses concern about homeland security spending decisions. In this…

Is the Market Ethical?

Some people believe that government should control areas that we consider most valuable while others say precisely the opposite. The “war” between government believers and market believers was evident in Saturday’s Wall Street Journal. Wherever kidneys are paid for through…

Is More Security Too Expensive?

Great cost benefit analysis in yesterday’s Wall Street Journal. How do we decide whether the cost of intensified airport security is worth the benefit? 1. The TSA says that one life saved is worth $3 million spent. That means, though,…

Comments On Today’s News

A1 NY Times From a town clerk in Genesee, Wisconsin:

Top Ten Economics Bloggers

Reading the “Top Ten Economics Bloggers by Scholarly Content”, I wondered what makes a good economics blogger. Daily, the first blogs that I go to are Mankiw and marginalrevolution.com. I am especially impressed by Mankiw’s Blog. He is civil, his…

No Need For Psychiatry; Just Ask Dr. Economist

In today’s Notes post, the link is to Dear Economist, written by Tim Harford for the Financial Times. Using economic ideas to provide answers about love and life, he proves that economics is about so much more than money. Opportunity…

The Significance of a Big Mac

Listening to Part 1 of

Adam Smith and a Physician’s Pay

Pondering healthcare reform again, I came across this comment from Adam Smith, 1776, WEALTH OF NATIONS: 22] We trust our health to the physician: our fortune and sometimes our life and reputation to the lawyer and attorney. Such confidence could…