Economics 354

Economics of Science and Technology
Jeffrey Parker, Reed College
Spring Semester, 2018

"Every invention contains some borrowing and every borrowing contains some invention." - L. S. De Camp

Econ 354 Class News

  • Country research project reports are available at the following links:
  • Group assignments for the final project are now posted.
  • Information about the national-innovation-system final project is now available. Please respond by email with your preferences for country and research partners before Monday, March 26. I will form groups on Monday morning with or without your responses.
  • Fun patents
  • Two useful resources are listed in the navigation bar at left. A Guide to Reading Economics Papers will help you with difficult papers from economics journals. A brief Introduction to Econometrics will help you understand the statistical analysis we will encounter in many papers.

Bad Economist Joke of the Week

There is a story about the last May Day parade in the Soviet Union. After the tanks and the troops and the planes and the missiles rolled by, there came ten people dressed in black.

"Are they spies?" asked the Russian Premier.

"They are economists," replied the KGB director. "Imagine the havoc they will wreak when we set them loose on the Americans."

--Taken from Jeff Thredgold, On the One Hand: The Economist's Joke Book.