Paranormal Phenomenon and Economics

Peter Leeson, an economist from George Mason University, and Claudia Williamson, an economist from Appalachian University, are currently working on a UFO-Bigfoot sightings project. Their preliminary results indicate that there is a positive correlation between the number of UFO sightings in a state (per 10,000 residents) and the number of Bigfoot sightings in a state (per 10,000 residents). In other words, the more UFO sightings there are in a state, the more Bigfoot sightings there are in a state. Further, six of the top ten UFO and Bigfoot states are the same: Washington, Oregon, New Mexico, Alaska, Wyoming, and Colorado. Continue reading Paranormal Phenomenon and Economics