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Author Archives: F. E. Guerra-Pujol
#EconomicsInThreeWords
Is Economics deserving of its own Nobel Prize*? Is Literature? In honor of Jean Tirole being awarded the 2014 Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel — previous recipients include our intellectual heroes Ronald Coase, John Nash, and Thomas … Continue reading
Posted in Economics, Philosophy
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Music Monday: Mexican Coke
Triple hat tip to Erin Geiger Smith for writing up this in-depth report about Mexican Coca Cola in the Sunday Times and for bringing this hard-core Mexican Coke song and this cool thing to our attention. Here is an excerpt from her report (emphasis … Continue reading
Who pays?
Eve Moneypenny and James Bond appear to commit a number of civil torts in this dramatic opening scene of the 2012 film Skyfall (filmed on location in Istanbul, Turkey). Is their employer, MI6, not liable to the various victims for any of the … Continue reading
Posted in Law, Property Rights, Questions Rarely Asked
Tagged Eve Moneypenny, James Bond, MI6, Principal-Agent Relationship
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#LetGurleyPlay
The University of Georgia Athletic Association made $98.9 million in revenues during the 2013 fiscal year, according to this revealing report in the Athens Banner-Herald. The University of Georgia Athletic Association’s main income sources included $21.2 million in direct football revenue, $23.2 million in ticket contributions … Continue reading
The paradox of “assholism”
This is Professor Geoffrey Nunberg’s crude neologism, not ours. Dr Nunberg, a professor of linguistics at UC Berkeley, delves into “the moral logic of assholism” in his 2012 book Ascent of the a-word: assholism, the first sixty years. (We spent the better part of yesterday afternoon … Continue reading
Posted in Ethics, Language, Paradoxes
Tagged Assholism, Bill Belichick, Geoffrey Nunberg, Self-Contradiction
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The paradox of automation
Our student Mike Hildebrandt recently brought this mesmerizing essay (with the mysterious title “The Human Factor”) to our attention. The author of the essay, William Langewiesche, describes the last moments of doomed Air France Flight 447 in riveting detail, and he also makes the … Continue reading
Grade the Professor
We are teaching “Intro to Business Law” at UCF this semester, and now that we are half-way through the semester, we would like some feedback from our students. (At last count, 1009 students are enrolled in Introduction to Business Law or BUL 3130.) You have … Continue reading
The problem of reclining airplane seats
We forwarded our 3 October blog post “The Right to Recline?” to several scholars, including our gentle friends Terry Anderson, Christopher Buccafusco, and Chris Sprigman. (By the way, Professors Buccafusco and Sprigman, in particular, had previously published this thoughtful essay on airplane seat reclining.) In summary, … Continue reading
Posted in Current Affairs, Economics, Property Rights
Tagged Airplane Seats, Cattle Trespass, Coase Theorem, Ronald Coase
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Should academic papers be published anonymously?
David Wood, a professor of accounting at BYU, recently gave a thoughtful talk at our home institution (UCF*) comparing and contrasting academic publishing across various fields, including accounting, economics, finance, psychology, and the natural sciences. (For its part, The Economist recently wrote … Continue reading
prior probability 