Archives: January 2007

Should 'Scarcity' Be Part of the Definition of Economics?

Posted by: Michael Mandel on January 16, Categories: Teaching

Every economics textbook seems to have a definition of economics right in the first chapter. And all the definitions seem to have something to do with scarcity. Here are some...

Death Rates: 1950 and today

Posted by: Michael Mandel on January 16, Categories: Health

To add a bit more fuel to the fire. Here are age-adjusted death rates in 1950 and 2004, for several important causes of death. Heart disease and strokes are way...

A Disappointing Medical Fact

Posted by: Michael Mandel on January 12, Categories: Health

*In 1900 a 50-year old American could expect to live another 21.3 years. *In 1950 a 50-year old American could expect to live another 24.4 years *In 2003 a 50-year...

Has the Trade Deficit Finally Bottomed Out?

Posted by: Michael Mandel on January 10, Categories: Trade

This morning's foreign trade release brings a glimmer of good news on the trade front. Forget about the headline numbers for a bit, since they tend to bounce up and...

Gender Balance in Finance?

Posted by: Michael Mandel on January 09, Categories: Labor Market

Barclays Capital took out a full-page ad in today's WSJ announcing its new Managing Directors (page A20, end of the first section), with pictures of all of them. I couldn't...

Deficit cutting = bad news for science

Posted by: Michael Mandel on January 08, Categories: Fiscal Policy, Future, Growth

You know, I pity those poor naive scientists. They believed George Bush when he announced his "American Competitiveness Initiative," in last year's State of the Union speech: I propose to...

About

Michael Mandel, BW's award-winning chief economist, provides his unique perspective on the hot economic issues of the day. From globalization to the future of work to the ups and downs of the financial markets, Mandel-named 2006 economic journalist of the year by the World Leadership Forum-offers cutting edge analysis and commentary.

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