Statonomics

Probability Theory Basics

Sample spaces, measurable events, and probability as measure

Oct 9 • 

Mike Kutsch

18

September 2025

Why Do Used Cars Sell for So Much Less?

Understanding G. Akerlof’s (1970) "Market for Lemons"

Sep 29 • 

Mike Kutsch

7

4

Power and the Minimum Detectable Effect

How to calculate whether your study can actually detect what you're looking for

Sep 19 • 

Mike Kutsch

5

Weighted Least Squares

The Art of Statistical Discrimination

Sep 10 • 

Mike Kutsch

10

1

Disabled and Unemployed

Why Heidi Reichinnek's minimum wage plan threatens disabled workers

Sep 5 • 

Mike Kutsch

6

Lindner's Constitutional Straitjacket

The economic costs of inflexible fiscal frameworks

Sep 1 • 

Mike Kutsch

5

1

August 2025

Le Châtelier's Principle in Economics

The molecular logic behind market forces

Aug 21 • 

Mike Kutsch

14

2

Monte Carlo Methods

Random Numbers, Rigorous Results

Aug 21 • 

Mike Kutsch

14

The End of Independence?

When the White House takes over, credibility gets replaced by loyalty tests.

Aug 18 • 

Mike Kutsch

9

1

Modern Monetary Madness

Money for nothing and your debt for free.

Aug 8 • 

Mike Kutsch

8

5

Unrealistic? Good!

How do pool players calculate friction coefficients they can't define?

Aug 1 • 

Mike Kutsch

15

9

July 2025

CO₂ Taxation is Good Economics

Correcting market failures through externality pricing.

Jul 29 • 

Mike Kutsch

11