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The High Price of Coffee

posted to The Blog of Diminishing Returns on Wed 8th Sep 10

The price of coffee has soared to a 13 year high. This Wall Street Journal article highlights the causes more demand and bad harvests. So could this increase in coffee prices be good for coffee farmers? Yes in the short term they are likely to earn more money
DJ the moocher and economic development

posted to The Blog of Diminishing Returns on Mon 30th Aug 10

"The DJ has now replaced his bed with friends' couches" from a BBC article on people giving up their possessions and simplifying their life. Many of the comments where I saw this article first (Boston Gals Open Wallet) suggested this DJ was a moocher, I'm inclined
Free Coffee or Beer (in 3 years)

posted to The Blog of Diminishing Returns on Wed 25th Aug 10

So I bought a new laptop on Friday. Not surprisingly the store that sold it to me Staples wanted to sell me an extended warranty. This one was different if I bought the warranty and never used it in its 3 years of coverage I would get a gift card back for the

NAASE Session on Sports Blogging

posted to The Blog of Diminishing Returns on Thu 1st Jul 10

So I just got back from a a session on Sports Economics blogging with Brad Humphreys, Justin Wolfers, David Berri, Kevin Arnovitz (ESPN) A couple of quick thoughts, I was going to ask why more blogs don't focus on published works. Then Brad Humphreys said he
Strasburg is so good he gets you to buy tickets to 4 games

posted to The Blog of Diminishing Returns on Tue 8th Jun 10

Stephen Strasburg is making his Major League debut for the Washington Nationals tonight. For those of you who don't follow baseball he's predicted to be a great player in the future (or maybe even now). If you want to buy tickets to tonight's game at this point
The High Price of Coffee

posted to The Blog of Diminishing Returns on Wed 8th Sep 10

The price of coffee has soared to a 13 year high. This Wall Street Journal article highlights the causes more demand and bad harvests. So could this increase in coffee prices be good for coffee farmers? Yes in the short term they are likely to earn more money

Notes from a Panel Discussion on Blogging About Sports and Economics

posted to The Wages of Wins Journal on Tue 20th Jul 10

A few weeks ago, the annual meeting of the Western Economic Association was held in Portland, Oregon. From what I understand, this is second largest meeting of economists (the meetings of the American Economic Association are the largest). To put the size of
Reader Question: So Whats Up With This Strasburg Kid?

posted to Economists Do It With Models on Tue 8th Jun 10

Okay, so maybe that wasn’t the exact wording of the question, but it’s what everyone seems to be asking nowadays…reader Seth writes:I had a topic for you to address that I thought might be good for someone with a behavioral econ background.