Category: General Economics

Excellent articles about machine learning and replication

There is a wonderful article about Machine learning in the spring 2017 issue of the Journal of Economic Perspectives, and there is also a series of four fine articles in the AER May 2017. I decided to share as a BUHealth blog to all. Whether you are curious, newly interested or an expert working in […]

Congratulations to BU’s Class of 2017 Economics graduates!

Please celebrate the students who earned 556 degrees in Economics at Commencement this May! This year the program honors: 14 Ph.D. recipients 215 Master’s degree recipients (MA, MAPE, MAEP, MAGDE MA/MBA, BA/MA) 327 BA recipients (including BA/MA) This total of 556 degrees is up from 498  (12%) since 2016. These numbers may undercount the total […]

#stupideconomics and Healthcare Triage on the AHCA

Two interesting links related to the recent Republican health care proposal called the AHCA. The first is a serious but also humorous Forbes article by my BU colleague Larry Kotlikoff in his series about Stupid Economics, this one targeting Tom Price and the AHCA bill. (A 3-minute read.) Tom Price’s Liver And ‘The Coverage They […]

$147 Billion: The Economic Cost of Trump Racism

Bottom line: Trump’s racism predicted to cost US households $147 billion in extra payments to the rest of the world. Like many people, I am appalled by president Trump’s recent executive order banning refugees – and even US legal immigrants  – from seven predominantly Muslim countries from entering the country. In the process, Trump has […]

Read this posting on Stupid Economics

I invite you to read this Forbes posting on Stupid Economics by Laurence Kotlikoff.   I don’t always agree with my dear colleague, Larry Kotlikoff, but this posting at Forbes is one that I can really get behind. Our president needs to start listening to serious economists instead of acting solo as an autocrat.   […]

Facts about Tom Price, HHS nominee

Health economists and every concerned citizen should disseminate the facts in this NEJM article about Donald Trump’s nominee of Tom Price to be the next secretary of HHS. Coauthor Richard Frank is also a BU Ph.D. alum! Randy Ellis   Care for the Vulnerable vs. Cash for the Powerful — Trump’s Pick for HHS Sherry […]

The US Should Ban or Heavily Tax Weapons Designed for Mass Shootings

Boston University Working Paper Randall P. Ellis Boston University, Department of Economics August 22, 2016 Abstract This paper presents four arguments for why the US should ban or at least heavily tax the sale or transfer to civilians of weapons designed for mass shootings (WDMS), which would include most semi-automatic guns and weapons with large […]

Obama’s JAMA article is a must read for all professionals

There is a very important  article in this week’s JAMA – Internal Medicine, written by Barach Obama. It highlights the effects of the ACA/Obamacare.  It is free on-line. United States Health Care Reform: Progress to Date and Next Steps http://jama.jamanetwork.com/article.aspx?articleid=2533698 If you are short on time, then the following link to just the figures provides […]

Press Interviews and Quotes

Partly just to keep track of them for my BU annual report, this post links to my press interviews and quotes. Meeting basic needs under Trump Fed funds key for landlords, affordable tenants; Trump’s health secretary opposes Obamacare Bay State Banner Jule Pattison-Gordon | 12/7/2016, 1:13 p.m. Effects of Brexit on the world economy and […]

Hillary Clinton’s Memorial Day speech 2016 will be a classic.

My previous post was discouraging in that it was all about the techniques Donald Trump is using to build support. This one is much more upbeat. I had heard about but not actually watched or listened to Hillary Clinton’s Memorial day speech, which has been getting a lot of favorable reviews. I just finished listening […]

Sobering Scott Adams interview about Trump on Real Time

This email will interest people who are closely following the US presidential election. I invite you to watch the following four minute video on Trump and Hillary when you have time. It changed my thinking. On the Friday June 2  Real Time with Bill Mayer, Scott Adams (who is the genius creator of the Dilbert […]

Congratulations to BU’s Class of 2016 Economics graduates!

Please celebrate the students who earned 498 Boston University degrees in Economics at Commencement this May. This year the program mentions: 22 Ph.D. recipients 203 Master’s degree recipients (MA, MAPE, MAEP, MAGDE MA/MBA, BA/MA) 273 BA recipients (including BA/MA) This total of 498 degrees is up from 482  in 2015. These numbers undercount the total […]

Top 100 Economics Blogs of 2016

I just got an email from Prateek Agarwal <prateek@intelligenteconomist.com> He has compiled a list of the Top 100 Economics Blogs of 2016. I am of course not on it since I blog infrequently and do not archive (and make public) on my web site all of my blogs, but I thought I would share the […]

24 BU economics Ph.D.s accept jobs in academic, government and private sectors

Congratulations to the 24 current or recent Ph.D. students from BU Economics who have accepted jobs for this September. Recent placements from the department are linked here, as well as pasted below. http://www.bu.edu/econ/phd/outcomes/placements/ This year candidates selected 14 academic jobs, five government or central bank jobs, and five private sector jobs for their initial placement. […]

What do BU undergraduates do when they graduate?

I am often asked by undergrads and MA students what BU students do when they graduate. For the first time that I know of, BU has published a relatively complete description and list of the places where they get jobs, or go to graduate school or  volunteer.  It is discussed in the new CAS Dean […]

Denmark’s Social Capitalism and Switzerland’s Federal Democracy

With Democratic presidential candidates Hillary Clinton and Bernie Sanders both mentioning Democratic Socialism in Denmark, it is interesting to read about what it actually is. Here is one link with one persons discussion. Living with Denmark’s democratic socialism Denmark sounds pretty wonderful to me Switzerland I just returned from Switzerland which is not democratic socialism, […]

Tax to rise on the uninsured next year.

This is why enrollment in health insurance will continue to rise in the US from the ACA. For 2016: Max of  $695 or 2.5 percent of taxable income if uninsured. http://www.bostonglobe.com/news/nation/2015/10/19/health-law-fine-uninsured-will-more-than-double/76FbuARARxAmaT9H4nN66K/story.html Full text is below. Health law fine for uninsured to rise Boston Globe Associated Press  October 19, 2015 WASHINGTON — The federal penalty for […]

BU ranked 41 overall, 24th in Economics, by US News and World Report

Since I have blogged about rankings in the past – here and here, I thought I would blog about BU’s latest rankings by US News and World Report and elsewhere. BU was ranked 41, up one position in the 2015 as top US Colleges and Universities. This ranking is across all fields, and is based […]

Congratulations to BU’s Class of 2015 Economics graduates!

Please celebrate the students who earned 482 Boston University degrees in Economics at Commencement over the weekend. This year the program contained: 22 Ph.D. recipients 155 Master’s degree recipients (MA, MAPE, MAEP, MAGDE MA/MBA, BA/MA) 305 BA recipients (including BA/MA) This represents a total of 482 degrees! Up from 463 in 2014. These numbers undercount […]

Ellis SAS tips for experienced SAS users

If you are a beginning SAS programmer, then the following may not be particularly helpful, but the books suggested in the middle may be. BU students can obtain a free license for SAS to install on their own computer if it is required for a course or research project. Both will require an email from […]