Where this is going.

Sure, after 4 years of silence, it feels a little strange to write posts on a schedule, but as I spend time thinking and charting on what I want to do here, I feel like writing an update will help solidify my thoughts too. So this post is about what we’re doing now that we’re here.

When I started this site in 2017, it was mostly a place to think out loud about economics and occasionally complain about ISPs and how corporate profit maximization and rent seeking behavior can reduce social welfare. The tagline was accurate but vague, because I did not wish to constrain myself or set goals.

That’s still sort of true. But there are things that I want to write in a structured fashion now. And I will elaborate on that below.


Higher Ed is where a lot of my professional focus has been these past few years. After all, I work in institutional research at a university. If you need an introduction or refresher, this means we’re the people who do research for the university, on the university. It’s a strange and underappreciated corner of higher education, and it gives me a particular insight on the questions that are being discussed more and more: what is the future of higher education? How will the demographic shift affect colleges and universities? Especially small tuition dependent colleges? What is the value of a college degree? I’ll be writing more of that here, and some of it will be more formal – not just thoughts and discussions, but some questions that will turn into research.

There’s a Higher Ed section where I will chronicle a running list of these discussions. It’s a little empty, but it will start populating soon.


However what I also enjoy a lot, and haven’t had a chance to do much of recently, is to teach. And that is where the second structured bit of writing will show up. The microeconomics series started because this teaching instinct won’t leave me alone. I have taught principles of Micro and Macro at Northeastern, but if given the choice, I prefer teaching micro just a little more. One of the things I have always noticed with my students is that they connect better with real world concepts. If you look at my past exercises and slides, you will see my take on it – and it’s really a hodge podge of things. Pop culture and popular TV shows, current affairs, scenarios from fiction, and so on. This particular series will have a more thorough focus on the education market. Education is a remarkably good case study for almost every core microeconomic idea – from demand and supply curves, market structure, price discrimination, externalities to more complex ideas like information and public economics. So, I have sketched out a 15-chapter series using higher education as the running example throughout that I plan to write out.

It’s not really a textbook. Not yet. Each chapter will be relatively short and focused.

You can start here.

Still Here. Starting Things Again. The Internet Still Survives

It has been a while. And in some ways, some days, I feel like a lot of you in that we live in the darkest timeline. It’s funny how excellent but somewhat obscure TV shows introduce such wonderful pop culture references into our vernacular, isn’t it?

The last time I posted here, it was April 2021, and the world was still largely indoors. A lot has changed since then. Vaccines were being rolled out. And the world slowly opened up again. I moved. Changed jobs. Even got a promotion of sorts… a manager/supervisor at home. I became a father and the Toddler Economist has entered the picture, and she has opinions, mostly about berries, books, and bedtime.

And this site sort of went into a holding pattern. Going quiet the way things do when life decides it has other that take priority. And while I might have less time to write, there are a dozen different things I do want to talk about. And at some point thinking out loud to no one feels less useful than thinking out loud here.

So. We are back.


A good way to mark the occasion, I thought, would be to revisit the first piece on this site – my particular interest then, and even now. The role of platforms and the dozen invisible things they do that affect us. Much has changed in the world since then, and though net neutrality is no longer a buzz word (hint: it’s AI), it is still quite important. The argument then was simple: without rules requiring ISPs to treat all internet traffic equally, the companies that own the pipes get to decide what flows through them. Fairness on the internet isn’t guaranteed. It has to be enforced.

Eight years later, the US has managed to establish those rules, repeal them, reinstate them, and then have a federal court strike them down again. Any permanent fix would now requires Congress.

Congress.

Sigh.

And if you were hoping our friends over in Europe might come good here, that is not happening either. Europe may have long been a stalwart for net neutrality principles, the new Digital Networks Act out of the EC is a shift away from the old open and neutral internet. Sure it is being framed as modernisation of telecom rules, but it is quite the backsliding from the net neutrality rules of old.

Not all hope is lost. Individual states have implemented a patchwork of net neutrality rules, and I would love to look more into the practical implications of these differences across states. But in the meantime if this matters to you, call your senators and let them know.

UK’s Dip in Trade with the EU

While the beginning of the pandemic and the forced lockdowns and border closures resulted in an initial dip in UK’s trade with the EU, the final realization of Brexit is having an immediate and potentially a longer reduction in trade volumes. If you are having trouble viewing this on a mobile device, click here for better interactivity.

Tallest Buildings in the World

I was playing around with some easily scrapable data and Tableau. Might add Wikipedia page links for each of the buildings too. Click here if your screen is small and you need better interactivity.