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Abstract The passage of time has long been known to have economic effects The most important effect in the arts has heretofore been the so‐called "cost disease" whereby productivity in manufacturing and even service activities outstrips those in cultural pursuits notably the performance arts Naturally, a positive income effect on demand would tend to mitigate this supply effect. This paper posits yet another side to wage and income increases ‐ the Beckerian notion that such increases also raise the opportunity cost of time, potentially adding to the effect of the "cost disease" The implication of this effect are discussed in this paper and a preliminary statistical test for significance is developed and conducted. The results support the economic significance suggested for the suggested for the aggregate demand for symphony concerts

The achievements of Jules Dupuit (1804–1866), French engineer and economist, policymaker and molder of the canon of neoclassical microeconomic theory, are displayed in their entirety through Yves Breton and Gérard Klotz's compilation of his collected works, Oeuvres économiques complètes (Éditions Economica, 2009). This magisterial two-volume set makes available for the first time in a convenient format all of Dupuit's major and subsidiary writings, as well as archival material found only in Paris. It is destined to become the locus classicus of Dupuit's thought for present and future generations of historians of economic thought.

Guy Numa is justified in calling attention to our erroneous translation of a passage from Jules Dupuit's Dictionnaire article of 1853. His conclusions, however, regarding Dupuit's "global" policy prescriptions on the operation of railroads, and their semi-convergence with the views of Walras, do not withstand scrutiny when examined against the totality of Dupuit's economic writings. In this article we reaffirm and defend our body of work that depicts Dupuit as an important advocate of market-based principles in the formation and development of his views on economic policy; and we reject Numa's claims that Dupuit advocated state control of railroads as the optimal course of action.

This article reviews Bob Tollison's conjoint contributions to the burgeoning area of the economics of religion, underscoring his integration of public choice and interest-group themes into the microeconomic analysis of faith-based organizational architecture, institutional decision making and doctrinal innovation. Beginning with study of the medieval Catholic Church, moving forward to the Protestant Reformation and beyond, it supplies a timeline of developments and the major findings of each phase of his research program. Adapted from the source document.