March 30, 2008
Dental Economics

No, all economics isn't akin to a root canal. Dental economics seems to be an active niche for research. Our own Josh Hall has a forthcoming paper examining interstate variation in tooth loss. Now there's a new NBER WP "The Economic Value of Teeth". Coming soon to a journal near you--a dynamic GE model of cavities.

Posted by E. Frank Stephenson at 04:11 PM in Economics

The statesman who should attempt to direct private people in what manner they ought to employ their capitals would not only load himself with a most unnecessary attention, but assume an authority which could safely be trusted, not only to no single person, but to no council or senate whatever, and which would nowhere be so dangerous as in the hands of a man who had folly and presumption enough to fancy himself fit to exercise it. -Adam Smith

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