by Tim Harford | Oct 13, 2008 | Other Writing
I read this light-hearted essay on the Today program on the morning of 13th October. Someone recently grumbled to me that, given the appalling state of the world’s financial system, nobody should be awarded today’s Nobel memorial prize for economics. That’s a little...
by Tim Harford | Oct 11, 2008 | Undercover Economist
On Monday, the winner of the 2008 Nobel prize in economics will be announced. That statement is not quite true: there is no Nobel prize in economics, merely a more recent prize established in memory of Alfred Nobel. The existence of a quasi-Nobel in economics...
by Tim Harford | Oct 11, 2008 | Dear Economist
I have a question which, I hope, you will be able to answer with particular insight. Should I subscribe to the Financial Times? I buy the FT Weekend every Saturday, for $2.17 including California sales tax. I recently received an e-mail offer to receive the FT for...
by Tim Harford | Oct 4, 2008 | Undercover Economist
During the bail-out of AIG, Fannie Mae and Freddie Mac – and, at the time of writing, the still unresolved debate over the bail-out of the entire US financial system – the phrase “moral hazard” has become popular, typically in conjunction with the phrase “privatising...
by Tim Harford | Oct 4, 2008 | Dear Economist
I work as an escort in Canary Wharf. I wonder if you might have some sound business advice on how workers in my industry should tackle the sudden drop in demand following the collapse of Lehman Brothers? Miss C Dear Miss C, I wasn’t aware that escort services were...
