Revision: Inflation Targets and Measurement
Here are a couple of useful revision resources on inflation:
read more...»Tim Harford at the RSA
I headed to the Royal Society for the encouragement of the Arts yesterday to hear Tim Harford speak on The Logic of Life. Tim’s talks in London are invariable a sell out and last night was no exception. His recent globetrotting book tour has afforded the opportunity to flesh out some of the key themes in his book and we were treated to a very entertaining and thought provoking talk.
The Fairer Sex
It’s been a great week for economics with plenty of macro issues in the news. Half term has also given me lots of time to think about the microeconomics of everyday life, inspired in part by reading Tim Harford’s The Logic of Life.
On Friday I rushed, fashionably late, into Rhyme Time at my local library. My daughter and I quickly joined in a rousing chorus of ‘The wheels on the bus’ and after a few lines I realised that my voice stood out, and not just because I am appalingly tone deaf; its defining characteristic was that it was probably at least two octaves lower than anyone else’s in the room. Of the thirty plus parents there, I was the only dad!
Modelling the Economics of Love
Valentine’s Day came and went and I have to admit that the day passed by without a great deal of activity! So much so that I ended up going for three jogs in one day .... something I haven’t done for several years! The phenomenal growth of demand for and supply of speed dating services is generating plenty of interest among economists who now have some rather interesting data to observe about people’s preference and behaviour on speed dates. Tim Harford wrote a super piece on this last year and some of his findings also make their way into The Logic of Life. Over at Marginal Revolution, Tyler Cowen wrote about the economics of dating last year - his new book ‘Discover your Inner Economist’ is well worth catching hold of.
But perhaps the most brazen attempt to model the economics of love and turn it all into a full cost-benefit analysis can be found here at Solve Dating!
