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Economic Rockstar

Connecting Brilliant Minds in Economics and Finance

092: Graham Brownlow on Rent Seeking, Cliometrics and the Economics of the DeLorean

June 30, 2016 by Frank

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092: Graham Brownlow on Rent Seeking, Cliometrics and the Economics of the DeLorean

Dr. Graham Brownlow (PhD, QUB) is a Lecturer in Economics at Queen’s University in Belfast, Northern Ireland.Graham Brownlow Economic Rockstar

Dr. Brownlow’s research focuses primarily on economic history and institutions, evolutionary economics, Irish economic and business performance and violence. He also has an interest in methodology in economic and business history.

Graham edits the journal Irish Economic and Social History.

I’m very eclectic and pragmatic – Dr. Graham Brownlow

Economics:

In this episode, Graham mentions: rent seeking, cliometrics, inefficiency, corruption, institutions, subsidies, Brexit, monopolies, sharing economy, fast money, game theory, bargaining, public choice, regional economics and economic history. 

Economists:

In this episode, Graham mentions: Peter Boettke, Peter Leeson, Gary Becker, William Baumal, Douglass North, Robert Hamilton, Eli Hecksher, Adam Smith, John Maynard Keynes, Joseph Schumpeter, Friedrich Hayek, Milton Friedman, George Duncan, Tim Harford, Steven Landsburg and G. L. S. Shackle.

Using Analytic Narratives in Economic Research

Looking to balance the details of fact and yet keep the rigour of an economic model – Graham Brownlow

  1. Identify the problem or puzzle.
  2. Immerse yourself in the topic or resources.
  3. Move to more formal aspects.
  4. Don’t start with the model and then use it to explain your findings.
  5. You actually first look at the historical issue under investigation and then apply it to the model.

Links:

  • Mont Pelerin Society

Research by Dr. Graham Brownlow:

  • Back to the Failure: An Analytic Narrative of the De Lorean Debacle (2015).
  • Soft Budget Constraints and Regional Industrial Policy: Reinterpreting the Rise and Fall of De Lorean (2015).
  • ‘Review of Cullen Economy, Trade and Irish Merchants at Home and Abroad, 1600-1988’ (2013).
  • How do we Ensure a Useful Future for Irish Cliometrics? (2012).
  • A complete list of Graham’s research can be found here.

Economics of the DeLorean Economic Rockstar

Where to Find Graham:

  • Queen’s University, Belfast, Northern Ireland
  • Twitter: @GrahamBrownlow

Books:

  • The Undercover Economist by Tim Harford
  • The Undercover Economist Strikes Back: How to Run – or Ruin – an Economy by Tim Harford
  • The Undercover Economist, Revised and Updated Edition: Exposing Why the Rich Are Rich, the Poor Are Poor – and Why You Can Never Buy a Decent Used Car! by Tim Harford
  • The Logic of Life: The Rational Economics of an Irrational World by Tim Harford
  • Adapt: Why Success Always Starts with Failure by Tim Harford
  • Messy: The Power of Disorder to Transform Our Lives by Tim Harford
  • The Armchair Economist: Economics and Everyday Life by Steven Landsburg
  • Economics for Pleasure by G. L. S. Shackle
  • The New Geography of Jobs by Enrico Moretti

 

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071: Darshak Patel on Using Popular Culture to Engage Economics Students in the Classroom and Online

February 5, 2016 by Frank

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071: Darshak Patel on Using Popular Culture to Engage Economics Students in the Classroom and Online

Darshak Patel is currently a Lecturer of economics at the University of Kentucky, USA.darshak patel

After a one-year Visiting Assistant Professor appointment at Roanoke College, Darshak served three years as an Assistant Professor of Economics at the University of Tennessee, Martin. 

Darshak’s research and teaching interests include labor economics, microeconomics, industrial organization, the economics of education, and sports economics.  

Darshak graduated with a PhD in Economics at the University of Kentucky with his dissertation exploring the use of  option value theory to explain student decision-making in post-secondary schooling. 

Economics:

In this interview, Darshak mentions: option value theory, pedagogy, decision-making, opportunity cost, logic, profit, the hazard model, entrepreneurship, economic growth and corruption.

Economists:

In this interview, Darshak mentions: Abdullah Al-Bahrani, Kim Holder, Brendan Sheridan, Jadrian Wooten and Milton Friedman.

In this episode you will learn:

  • whether using Twitter to enhance the students’ learning outcomes is effective.
  • how video scrapbooking can be integrated into the economics curriculum.
  • the benefits and difficulties of using social media platforms to teach economics.
  • what option value theory is.
  • about Milton Friedman’s recommendation to the US government to introduce a tax to finance the US involvement in World War II.
  • how Bing Crosby helped promote the purchase of war bonds for the US war effort during the Second World War.
  • about the transition of the Kenyan economy since the 1970s.
  • about the Chinese influence in Africa.
  • how you can use the economic data provided on FRED to bring your economics classroom alive.
  • how Darshak is using popular culture to help interpret economic concepts and theories.

Resources:

  • ESPN 30 for 30
  • Rockonomix
  • FRED
  • Critical Commons
  • Economics of Seinfeld by Professor Linda S. Ghent, Professor Alan Grant and George Lesica.
  • Bazinganomics by James Tierney, G. Dirk Mateer, Wayne Geerling, Jadrian Wooten and Ben Smith.
  • Economics of The Office by Dan Kuester, Dirk Mateer and Chris Youderian.
  • University of Kentucky Teaching Economics Conference

Books:

  • The Two-Second Advantage: How We Succeed by Anticipating the Future–Just Enough by Vivek Ranadive and Kevin Maney
  • Soccernomics by Simon Kuper and  Stefan Szymanski

Papers:

  • Al-Bahrani, A., Dowell, C. & Patel, D. (2016). Video Scrapbooking: An Art Form Revived in the Economics Curriculum. Journal of Economics and Economic Education Research. Forthcoming.
  • Patel, D. and Saunoris, J. (2016). Using FRED Data Series to Improve Learning Outcomes in Economic Courses: From Student to Practitioner, Journal of Economics and Finance Education. Forthcoming.
  • Al-bahrani, A., Patel, D. and Sheridan, B. (2015). Engaging Students Using Social Media: The Students Perspective. International Review of Economics Education, 19, 36-50.
  • Al-bahrani, A. and Patel, D. (2015). Incorporating Twitter, Instagram, and Facebook in Economics Classrooms,  Journal of Economic Education. 46 (1), 56-67.
  • Al-bahrani, A. and Patel, D. (2015). Using ESPN 30 for 30 to Teach Principles of Economics, Southern Economic Journal, 81 (3), 829-842.
  • Patel, D. and Ward, M. R. (2011). “Using Patent Citation Patterns to Infer Innovation Market Competition,” Research Policy. 40(6), 886–894.
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Frank Conway

Frank Conway is founder of Economic Rockstar and lecturer of economics, finance and statistics. Read More…

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  • 174: Wendy Carlin on The Core Project, Capitalism, Democracy and Normative Statements February 13, 2019
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