Superman Needs an Agent

It’s tough to be an economist. Not only must you endure years of stultifying lectures and readings, you must also brave the feigned approval of those who had innocently asked, “Oh, a professor? What do you teach?”

But beyond this, there is a deeper problem: I can’t help watching certain movies without being distracted by nagging problems that would trouble only an economist.

In Defense of Debt Collection

You know hypocrisy, as when the pot calls the kettle black? Well, this news report gives new meaning to the idea:

The rise in American consumer debt has been accompanied by a sharp increase in complaints about aggressive and sometimes unscrupulous tactics by debt collection agencies, a phenomenon that has government regulators increasingly concerned.