Author Archives: Mayo Toruño

About Mayo Toruño

Professor and Chair of Economics Department, California State University San Bernardino

USA jobs lost 2008-14, average wage of jobs lost, average wage of jobs gained

Originally posted on Real-World Economics Review Blog:
from David Ruccio Yes, I know, a table (actually, 3 tables). . . According to a new report from the U.S. Conference of Mayors [pdf], In 2008 and 2009 the US economy lost…

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The High Price of Materialism

I was just made aware of a video on materialism created by The Center for a New American Dream, back in 2011. Psychologist Tim Kasser does a good job of laying out, in  5:37 minutes of animation, the negative impact … Continue reading

Video | Posted on

John Cochrane on the Failure of Macroeconomics

Originally posted on Uneasy Money:
The state of modern macroeconomics is not good; John Cochrane, professor of finance at the University of Chicago, senior fellow of the Hoover Institution, and adjunct scholar of the Cato Institute, writing in Thursday’s Wall…

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In an Era of Increasing Fiscal Constraints, an Inexplicable Shift in Hiring Patterns in Higher Education

Originally posted on The Academe Blog:
In this past week’s issue of the Chronicle of Higher Education, there is a very revealing graph representing the changes in employment in colleges and universities from 1976 to 2011. The graph is based…

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Spring Quarter 2014 Coyote Economist

Here’s the Spring Quarter 2014 edition of the Coyote Economist. The lead article, written by CSUSB Economics Professor Daniel MacDonald, reviews Thomas Piketty’s new book “Capital in the Twenty First Century”.

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Winter Quarter 2014 Coyote Economist

Here’s the Winter Quarter Coyote Economist. The lead article deals with the political economics of the minimum wage.

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Fall Quarter 2013 Coyote Economist

I have been very busy the last few months and, as a result, have put this blog on the back burner. But, I intend to get back into writing more consistently after this quarter is over. In the meantime, here’s … Continue reading

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Spring Quarter 2013 Coyote Economist

The Spring Quarter Coyote Economist has just come off the press. It contains information on our newest faculty member – Professor Daniel MacDonald, employment prospects for Econ majors, the student club – Econ Radicals, tentative teaching schedule for next academic … Continue reading

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Deficits Are Bad and the Sun Goes Around the Earth

See on – Explorations in Political Economy Dean Baker. “If economics were like astronomy, the experts in the field would all be calling for the government to spend what is needed to boost growth. But economics is not like … Continue reading

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Dean Baker on mainstream ideology

Dean Baker does a nice job in Worms, Pond Scum and Economists of laying out the pattern of thinking, ideology, that governs (with a few exceptions) the political and punditry class over the “crisis” confronting Social Security and Medicare, and mainstream economists’ … Continue reading

Posted in austerity, Capitalism, Ideology, Teaching Economics, The Crisis