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Monthly Archives: January 2007

Introduction to Guest Blog Author: Paul Coats is the older brother of Nicholls Economics Professor, Morris Coats. Paul works off-shore for a major U.S. oil and gas service industry firm. Paul graduated from Louisiana Tech some years back, never had a formal course in economics, but has read a bit and has a decent grasp […]

Take a look at this CNN article on trouble that New Orleans public schools are having in attracting teachers. The idea of a compensating wage differential as at least as old as The Wealth of Nations, which Adam Smith (the father of modern economics) wrote in 1776. Workers who work in jobs with more desirable […]

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