Adam Smith (1723-1790) was the great Milton Friedman (1912-2006),
Scottish philosopher and economist who possibly the greatest economist
is best known for his book The Wealth of Nations. of the 20th century.
*An economics professor explains why economics is a popular major @ Harvard
*80 year old gets PhD in economics at University of Chicago!!
* Is UNC Tuition too high?
Department of Economics, Appalachian State University, Boone, NC 28608
Phone: (828) 262-2251; Fax: (828) 262-6105; E-mail: email@example.com; Web: www.appstate.edu/~perritj
Fields: labor economics, economics of information, & industrial organization
Education: B.S. (economics), University of Kentucky; M.A. & Ph.D. (economics), Ohio State University
"Does Signaling Solve the Lemon's Problem?" September 2013
"Lemons and Loons" September 2013
"Uncle Sam Wants Whom? The Draft and the Quality of Military Personnel" June 2013
"The More Abstract the Better? Raising Education Cost for the Less Able when Education is a Signal" May 2013
"Can A Draft Induce More Human Capital Investment in the Military?" Economics Bulletin, Volume 33, Number 2, April 2013, pp. 905-913.
"Spence Revisited: Signaling and the Allocation of Individuals to Jobs" March 2013
"The Evolution of Military Conscription in the United States." Independent Review, Volume 17, Winter 2013, pp. 429-439.
"Substitution and Superstars" November 2012
"Between the Penthouse and the Outhouse: The Sorting of Economics Professors," Applied Economics Letters Volume 19, Issue 18, December 2012, pp.1899-1902
"A Competitive Model of (Super)Stars." Eastern Economic Journal , Volume 39, Issue 3, Summer 2013, pp. 346-357.
"Deferments and the Relative Cost of Conscription," B.E. Journal of Economic Analysis and Policy: Topics, Volume 10, Issue 1, 2010.
"Garden Leave vs. Covenants not to Compete." Review of Law and Economics, Vol. 6, Issue 2, 2010,
"The Dilemma of Choosing Talent: Michael Jordans are Hard to Find" (with P. Groothuis & R. Hill). Applied Economics, Volume 41, Issue 25, November 2009
"The Economics of US Civil War Conscription," American Law and Economics Review, Volume 10, Number 2, Fall 2008
"The Payment of Professors: Implications for Professorial and Student Human Capital" May 2008
"Raiding and Signaling in the Academic Labor Market" June 2006
"How Might Adam Smith Pay Professors Today?" July 2005
"Early Entry in the NBA Draft: The Influence of Unraveling, Human Capital, and Option Value" (with P. Groothuis & R. Hill), Journal of Sports Economics (2007, Vol.8, No.3, June)
Class Web Page
Econ 3720. Syllabus: problem set 1: Problem set 2: Problem set 3:
MBA 5110. Syllabus: Problem Set 1: Problem Set 2: Problem Set 3: Problem Set 4: