Edwin G. Dolan holds a Ph.D. in economics from Yale University. Early in his career, he was a member of the economics faculty at Dartmouth College, the University of Chicago, and George Mason University. From 1990 to 2001, he taught in Moscow, Russia, where he and his wife founded the American Institute of Business and Economics (AIBEc), an independent, not-for-profit MBA program. Since 2001, he has taught global macroeconomics, managerial economics, money and banking, and other courses at several universities in Europe, including Central European University in Budapest, the University of Economics in Prague, and the Stockholm School of Economics in Riga, where he has an ongoing annual visiting appointment. He is the author of Introduction to Economics (BVT Publishing) and numerous academic articles. When not lecturing abroad, he makes his home in Washington’s San Juan Islands.
Rare earth elements (REEs) are a group of seventeen elements with exotic names like neodymium and yttrium that are key ingredients in many high-tech products,…
Oil is down again. The price of Brent crude, which moves US gasoline prices, is below $100 a barrel for the first time (save a…
Recently I came across this assertion in a comment box on one of my favorite websites: “The cost to fuel your car has never been…
I spent the 1990s teaching economics at a business school in Moscow. Our students were graduates of FizTech, Mekh-Mat, MIFI—the whole alphabet soup of science…
Last month residents of Crimea voted to secede from Ukraine and join the Russian Federation. Although many in the West have questioned the freedom and…
How can we make life better for the world’s poor? Environmentalists often tell us that one way would be to slow climate change by cutting…
A big drop in gasoline prices brought the US inflation rate for October, as measured by year-on-year change in the consumer price index, to just…
I have posted frequently (most recently in a three-part series that starts here) on the topic of underpricing of energy in the United States, but…
Although climate change catches the headlines, it is not the only doomsday scenario out there. A smaller but no less fervent band of worriers think…
Last Week the White House released a long-anticipated Climate Action Plan. Conservatives have been swift to attack it as a “backdoor energy tax.” The critics…
The energy policy topic of the week is whether to export more of America’s newly abundant natural gas. Like any good card-carrying economist, my instincts…
Watching the Sunday talk shows this week, I learned that the influential journalist Fareed Zakaria has now joined the chorus urging construction of Keystone pipeline.…
After a few years when the practice was declining, flaring of natural gas is back in the news. (See, for example, Flares take shine off…
The natural gas revolution has brought big changes to the U.S. energy scene. Natural gas prices, which used to move closely together with oil prices,…
Are solar, wind, and other alternatives the magic bullets that will solve the world’s environmental and energy problems? Take a closer look, says Ozzie Zehner…
Wind power has been a success story of green energy. After several years of rapid growth, it now accounts for about 3 percent of all…
Each time the Fed undertakes a new program of quantitative easing, questions arise about the possible impact on its solvency. I addressed that concern in…
During the debate over the Obama administration’s health care policy, Republicans came up with the catchy phrase “repeal and replace.” I’ll get back to health…
A New York Times story last week featured a picture of a happy Indian farmer in his new house, a replacement for a miserable mud…
The latest inflation data from the Bureau of Labor Statistics show the CPI unchanged in June, following a 0.3 percent decrease in May. For the…