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"It is not from the benevolence of the butcher, the brewer, or the baker that we expect our dinner, but from their regard to their own self interest. We address ourselves not to their humanity but to their self-love and never talk to them of our own necessities but of their advantages". -Adam Smith (The Wealth of Nations, 1776)
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Articles of Interest
Sex, Discipline, and Your Refrigerator, by Steven Landsburg (An attempt to rationalize a seemingly irrational act)
In Praise of Cheap Labor, by Paul Krugman (the source for the "Smokey Mountain" example used in class)
A Raspberry For Free Trade, by Paul Krugman (another article about comparative advantage and globalization)
Marijuana Prices and Use, NBER Digest
Dramatic Rise in Teenage Smoking, NBER Digest
Don't Pay Down the National Debt - its a Great Deal, by Steven Landsburg
Why Men Pay to Stay Married, by Steven Landsburg
Microwave Oven Liberation, by Steven Landsburg
Supply, Demand, and English Food, by Paul Krugman
Sources For Additional Problems, Information, Etc.
Principles of Economics (The official publisher's site for the textbook)
Economics101.org (Maintained by Alan Stockman...the author of the textbook and my old graduate advisor! Still a work in progress, but a useful site.)
AmosWeb (An Interesting site...contains a glossary, online tests, and alot of other stuff)
Cybereconomics (Written by Robert Schenk at St. Joseph's College...basically an online textbook. Covers both Micro and Macro)
Problems in Microeconomics (Written by Byron Brown at Michigan State University, this site contains interactive practice problems using Excel)
theshortrun.com (Written by students at the Virginia Governor's School for Economics and Technology. Mainly a focus on Macroeconomics)
Essential Principles of Economics (Another Online Textbook with online quizzes)
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