Author Archives: Jay Schwarz

Is the Internet killing jobs?

Awhile back I wrote how the Internet is an incredible bargain.  I pointed out that we get high amounts of consumer surplus from the Internet.  In short, the Internet has been really good for consumers. Job-destroying Technology Yet, the other … Continue reading

Posted in Better Thinking, Economics, Poverty | 2 Comments

How “hipsters” are like the pioneers

“Hipsters” are that hard-to-define but you-know-it-when-you-see it segment of the population that is self-consciously counter-cultural.  When I think of a hipster, I think of someone who explores the fringes of culture in music, fashion, and technology. There is plenty of … Continue reading

Posted in Economics, Just for Fun | 3 Comments

Don’t Hurt Others When You Name Your Baby

A friend recently told me he was glad he could give his son a name that “carried on the family name.”  Because he had a son, his last name would propagate, and by “re-using” a family first name he could … Continue reading

Posted in Economics, Just for Fun, Poverty, Solutions | 3 Comments

Coupon Economics

An old friend and faithful blog reader, TM, asked me to write about coupons.  Turns out, there are TV shows about “extreme couponing.”  I’m glad TM wrote because discussing coupons gives me the chance to introduce one of my favorite … Continue reading

Posted in Economics | 2 Comments

Pirates Attack the Few Fans They Have

This story came across the local news report last night: A sign in front of the bar on Fairhaven Road said, “If the Pirates lose, you win.” The promotion called for a discount of a nickel off a pitcher of … Continue reading

Posted in Economics, Just for Fun | 1 Comment

What Size Pond Should You Choose?

I’ve been thinking about where people choose to locate.  I also discussed how big cities attract those looking for big success, yet this brings with is a high chance of failure.  In many ways this boils down to choosing the … Continue reading

Posted in Economics | 6 Comments

The Educational Industrial Complex

A new paper by Nobel Economist James Heckman is incredibly interesting if you care about the present and future of lower-income Americans.  He discusses why the War on Poverty failed, the importance of families in skill production, and why later-life … Continue reading

Posted in Economics, Poverty, Solutions | Leave a comment