Monday , April 12 2021
Home / David Flynn: Barter is Evil

David Flynn: Barter is Evil

Barter is Evil is an economics blog where the author, Professor David Flynn (University of North Dakota) encourages the exchange of ideas on economics, economic history and statistics. His blog places an emphasis on the North Dakota economy, which provides us with great insight on the impact of the oil industry boom there.

What is Grand Forks? (Post #500!)

For at least the last 6 or 7 years and maybe as many as 10 years Jarrod Thomas and I asked some pretty important questions about Grand Forks and the immediate vicinity in North Dakota (1310 KNOX AM Grand Forks, Thursdays at 9am central). One of the most important questions remains unanswered (that seems to be the way it usually goes): what is Grand Forks? This is not just a simple matter of civic pride. Identity in this case is a starting point for policy. It is a recognition of...

Read More »

Metro Area Definition Changes and ND

David Economist and economic historian with an interest in population analysis and demographic methods. Especially interested in natural disasters and disruptions to economic activity and changes in population dynamics, as well as fiscal and monetary policy with forecasting implications. Husband, father, Cubs fan. View all posts by David

Read More »

Radio caller follow ups

There were a few callers to the radio show today and just a few points to follow up since there is only an hour. The whole show really centered around the concept of herd immunity. One caller mentioned the lower mortality for children from COVID and the caller is correct that the mortality from COVID for kids is low. Now it is not zero so there is still risk for contracting and dying. The bigger risk for children however is spreading it to family members who may experience...

Read More »

Pandemic Policy Starting Points

The host and the guests on the Jarrod Thomas Show often ask me about the development of an actual policy regime to deal with pandemic so that the next time, and they seem to believe there will be a next time, it is not an ad hoc system of ideas. Maybe the goal should actually be not AS MUCH an ad hoc system but we can debate that point later. Part of the process to figure out a new policy going forward will be to understand where we were at the start. The COVID situation impacted...

Read More »

Herd Immunity in North Dakota

Let’s start with the fact that “herd immunity” is actually not terribly well defined. The definition is pretty clear, enough incidence of infection and vaccination that the spread of disease becomes unlikely. The issue for many is there is not necessarily a precise percentage we can attach here. That is actually fine, I am sure for different diseases the threshold for herd immunity would be different. However in the current situation with COVID-19 we are trying to vaccinate quickly to...

Read More »

Unpopular Opinion Time: Why act like impacts are permanent?

Covid adjustments have been widespread and the impacts are great. However, the impacts are not necessarily permanent even though there are so many complaints that make this seem so. For this post I focus on education, especially elementary education. There is no doubt there are impacts on learning by children across the country. Whether remote, hybrid, in-school, or any other combinations learning is different this year. The issue I have is the attitude this is inevitably a...

Read More »

Minimum Basic Income, the Legacy Fund, and North Dakota

I receive many call on the radio complaining about support payments, stimulus payments, unemployment insurance, and pretty much anything else that is similar. The overarching theme behind the complaints is such systems reduce the incentive to work. I also get many calls about what North Dakota should be doing with the Legacy Fund instead of letting it accrue. So I thought we could combine the two briefly. The different uses for the Legacy Fund are a political/policy matter and I...

Read More »

ND Metro Area Employment, 2010-2020

Metro area North Dakota accounts for a large share of the population and the economic activity in the state so it is interesting to pay attention to them at times. It is actually really important to look at these three metro areas compared to each other. That is where the most informative comparisons can be made. So what do we make of the employment situation in these metro areas over the last decade. A big takeaway here is the continued growth of employment in Fargo without much...

Read More »

Radio Show Live Blog – 4 February 2021

Live blogging the topics from the KNOX radio appearance today. Trying to keep the engagement up. First topic was GameStop and Robin Hood situation. It is going to be really interesting watching this going forward. The “democratization” of Finance was not well received, though clearly some lost money in these efforts, not just hedge funds. The no/low cost trading platforms seem to be the most at risk coming out of this in terms of new regulation. 9:28 – After the break will be...

Read More »

Upcoming topics

David Economist and economic historian with an interest in population analysis and demographic methods. Especially interested in natural disasters and disruptions to economic activity and changes in population dynamics, as well as fiscal and monetary policy with forecasting implications. Husband, father, Cubs fan. View all posts by David

Read More »