Terrible Cost/Benefit Analysis

Posted on August 5, 2014 by Dr. Michael Enz

One of the first lessons in economics is that an individual should take an action if and only if the benefits are greater than or equal to the costs.  Now, the costs of an action are often times very difficult … Continue reading →

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Even Economists Care About LeBron’s Choice

Posted on July 13, 2014 by Dr. Michael Enz

Well, certainly this is not true of all economists, in fact there might even be some who cannot tell you who LeBron played for last season.  However, the NBA does offer an interesting marketplace to discuss for economists.  Unlike some … Continue reading →

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How Two Letters Can Cost Over $5 Million

Posted on July 4, 2014 by Dr. Michael Enz

Earlier in the week, arbitrator Stephen Burbank denied New Orleans Saints tight end (TE) Jimmy Graham the ability to be designated a wide receiver (WR) for a franchise tag.  The difference in those two letters (TE vs WR) is over … Continue reading →

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Jobs and Rates

Posted on July 3, 2014 by Dr. Michael Enz

If you have scanned any of the major media sites today you probably observed a story on the Employment Situation Report for June (the report can be found here   http://www.bls.gov/news.release/pdf/empsit.pdf ).  There are two numbers that you may have … Continue reading →

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Hedging

Posted on January 7, 2014 by Dr. Michael Enz

If you think you had a rough night last night, consider the story of Mark Skiba.  Mark placed a $100 bet on Auburn to win the National Championship at the beginning of the season when the odds were 500-1.  So, … Continue reading →

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Why Local Elections Matter

Posted on January 18, 2013 by Dr. Michael Enz

In case you missed it this week The Huffington Post ran an article that exposed many of us to a memo released by the Republican State Leadership Committee   The memo summarized a project called the RSLC’s Redistricting Majority Project … Continue reading →

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Right to Work: And Earn Lower Wages

Posted on December 12, 2012 by Dr. Michael Enz

You may have heard of the physical confrontations in Michigan or of legislation represented as a “right-to-work” bill being passed and signed by the Governor.  If you have, many of you still might be asking “what is right-to-work legislation?”  Unfortunately, … Continue reading →

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Shame on Miami

Posted on November 15, 2012 by Dr. Michael Enz

Almost a year ago, the U.S. Securities & Exchange Committee began investigated the public financing deal to build the Miami Marlins new ballpark http://online.wsj.com/article/SB10001424052970204826704577077230342369436.html#articleTabs%3Darticle.  This investigation continues, which makes Tuesday’s move by the Marlins http://www.nytimes.com/2012/11/14/sports/baseball/in-multiplayer-trade-with-blue-jays-marlins-pull-the-plug-again.html even more amazing. Tweet Share

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$h*! Jack Welch and Donald Trump Say

Posted on October 10, 2012 by Dr. Michael Enz

When the Bureau of Labor Statistics released the Employment Report for September 2012, the official unemployment rate (U-3) unexpectedly dropped from 8.1 to 7.8 percent Tweet Share

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Information and Disinformation

Posted on October 4, 2012 by Dr. Michael Enz

I know it is a strange time to be commenting on a topic like honesty and not be talking about the debate performances, but a recent by Joe Nocera in The New York Times  has me thinking about honesty, information, and … Continue reading →

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