Econometrics is one of the most important tools in an economist’s arsenal. Econometric techniques allow economists to test hypotheses in economic theory in the real world and see if they are correct or not. Econometrics is the application of data analysis to economics, the word “Econ” refers to economics and “metrics” refers to quantitative measurement.... Continue Reading →
At just 33 years old and a Grammy win already under his belt, J Cole is without doubt one of the most successful rappers of his generation. The North Carolina native is acclaimed for one achievement in particular; he went platinum with no features. Meaning that J Cole was able to make an album that... Continue Reading →
U2 recently wrapped up their world tour in Dublin’s 3 arena. At a time like this surly Bono and the boys must find themselves reflecting upon their incredible careers to date. Not only are they by far the most successful band to ever come out of Ireland, but also one of the most successful bands... Continue Reading →
The 2008 financial crisis was one of the toughest economic shocks to the world economy in history. Unemployment, homelessness, and poverty became very prevalent problems in even the World's most developed countries. While the effects of the crisis were devastating for most people, there were some benefits which came out of the financial crisis. Now whether... Continue Reading →
A recent post on this blog looked at the positive impact which musicians playing concerts has on the increase in consumption of their music (See Here). Now while that’s all well and good for musicians who can tour and are alive and able bodied, a lot of beloved musicians are unfortunately no longer with us... Continue Reading →
As well as being a terrific art form, music is one of the most consumed goods in the world. It is impossible to measure the total amount music that people consume because there are so many different ways to consume it. Even casually listening to the radio, a busker on the street or your father... Continue Reading →
Economists are forever using graphs to try and illustrate concepts visually. The most famous example of this is probably the supply & demand graph, but graphs can be used to illustrate pretty much anything. This blog has posted many entries explaining various concepts in economics but hasn’t yet utilised a graph. Even though graphs aren’t... Continue Reading →
Bruce Springsteen is without doubt one of the most influential songwriters ever. Some have even said that he was the 1970’s answer to Bob Dylan. Despite his incredible success, the New Jersey native has never had a number one single in the American charts. In fact, according to ultimateclassicrock.com’s list of artists with no number... Continue Reading →
I’ve already written two entries about Ed Sheeran on this blog (see here and here). So, before I get any stick for the title of this article suggesting that Ed Sheeran doesn’t have talent, let me establish that I am one of his biggest fans. I find his music, live performances, personality, and work ethic... Continue Reading →
