"Economists set themselves too easy, too useless a task, if in tempestuous seasons they can only tell us that when the storm is long past the ocean is flat again." From John Maynard Keynes, "The Theory of Money and the Foreign Exchanges"
Back off man -- I'm a scientist." -- Bill Murray, "Ghostbusters"
"[In one sense] we are all
Keynesians now; [in another sense] no one is any longer a Keynesian."
- Milton Friedman, Time magazine. Discussion available by clicking here.
[I look forward to the day when economists will be] "humble,
competent people, on a level with dentists."
– John Maynard Keynes, Essays in Persuasion. (Thanks to Prof. Alan Blinder for taking the time to send me the source of this quotation.)
“If we knew what we were doing we wouldn’t call it research.” – attributed to Albert Einstein
“Halfway through college, and still drifting, I decided to become a high-powered tax lawyer. The plan was sailing along until I took my first course in tax law. I was stunned by its complexity and lunacy, and I barely passed the course.” – Lawyer and writer John Grisham in the New York Times Sept. 6, 2010. Available at http://www.nytimes.com/2010/09/06/opinion/06Grisham.html.
E-mail the professor by clicking
For a detailed curriculum vita, click here.
Paul Krugman has written a remarkably clear explanation of why the euro is having problems and the alternative solutions. (links to the New York Times website.)
Many people are having problems figuring out what went wrong with the U.S. economy in late 2008. The Chicago Public Radio show “This American Life” published two episodes that do as good a job of explaining what went wrong as any I’ve read. Click here for part 1, then click here for part 2. (Both links are to pdf files, about 300K each.) Or you read some of the articles on my economics blog: http://gonzoecon.com/.
To download an Excel workbook that shows how I calculate grades in my classes click here .
Instructions for downloading and printing PowerPoint slides:
Professor of Economics, California State University, Hayward
25800 Carlos Bee Blvd.
Hayward, CA 94542
Office: Valley Business and Technology Center room 434
Phone: (510) 885-3889
I am professor of economics at California State University, Hayward. My current research interests include:
· An empirical study of the relationship between price and quality in the California wine industry. For more information about my wine research, click here.
· A study of the most cost-effective methods of incorporating internet technology into the principles of economics curriculum. Click here for a pdf version of our 2007 paper on this subject (with Nan Maxwell).
January 21 – 24, 2011: Norma and I spent a lovely weekend at the . I’m posting this link at the request of several students.
Click here for a picture of my wife Norma.
Need some help understanding today's stock market? Click here for some tips.
Something else to worry about when using the web: click here
The dark, ugly side of faculty merit pay: click here (68K GIF file)
For those who are interested in my thoughts about computers, click here (70K GIF file).(180K GIF file). The Wall Street Journal recently ran a commentary about gurus: click
Personally, I'm a fan of the Stanford baseball team. Click the logo to go to their home page.
I’m also a card-carrying chile-head. I recently perfected a recipe for Chipotle Kung Pao Chicken. . Those interested in a seasonal fall recipe might want to try pumpkin and turkey chili instead.
Interested in electronic commerce? Clickfor a story that will interest you.
Here's a fun cartoon about the Euro. Warning: 180K GIF file. If you can handle that, click