History and Background of the Social Security Act of 1935

Economic security is important to everyone, but for centuries, people who were economically disadvantaged had little to protect them from serious problems like hunger and homelessness. Often, some of the poorest citizens in a society were the elderly, who could no longer work to support themselves. This problem was always worse in difficult economic times, […]

3 min read

The 25 Most Influential Economics Programs and the 25 Most Influential Economists

The well-known Harvard economist Greg Mankiw recently blogged about a new website called AcademicInfluence.com. This site features some fascinating machine-learning tools for determining the most influential schools by discipline as well as the most influential faculty in those disciplines. You can even toggle the time-frame in which to gauge influence. If you do this for […]

4 min read

The Two Dirtiest Words in Economics: Free and Fair

The two dirtiest words in economics are four-letter words beginning with “f”: free and fair. More economic mischief has been wrought through these two words than any others. These words have seemingly straightforward uses. Free can simply mean that no money or anything of value was given in exchange for a benefit. Such a benefit […]

24 min read