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Category Archive for 'Extended Order'

In revisiting my class discussions on the economics of public goods, I came across a paper from the OECD that incredibly I had never been aware of. One of the major results in the paper is shocking. Now the sample size, as with all cross-country analyses, is small, and there are the usual caveats about […]

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What’s on the Shelf

Russ R. has an interesting podcast this week with Pedro Domingos on Machine Learning. Part of their discussion surrounds how knowledge intensive companies develop algorithms that either send you advertisements or help you choose things to purchase. The most common examples are the Ads that run in Google that are instantly customized to the end […]

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This was a really interesting article from Vox about whether we are becoming too reliant on GPS. One point that seemed spot on was that by relying on GPS and not on maps and planning (at least in conjunction with it) people’s navigational senses are dulled. I am sure you have seen other applications of […]

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In my readings on political philosophy, even the most hard-core socialists, from the state-ownership clan to the anarcho-syndicalist-socialist clan seem to accede the fact that capitalism is “second best.” In other words, they craft a utopian vision for what a socialist world could look like, but since people are crooked, selfish, etc. then we must […]

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… I wished that people could stop for a moment to celebrate the life and contributions of people like Norman Borlaug. He is probably the greatest “farmer” of all-time, and arguably has done more good for humanity than the entire combination of leaders and rulers who have ever walked the face of this Earth. If […]

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Of course, I will not share my thoughts at Thanksgiving … but here goes (start at 1:14 if you don’t like stories. One reason I love folk music is the stories): Please do NOT interpret this to suggest that I think this is an open and shut issue, or that there are not legitimate questions […]

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Priceless

Tim Taylor talks about Keynes’ view on secular stagnation, investment and the government’s role in managing aggregate demand: Keynes begins by stating: “It seems to be agreed to-day that the maintenance of a satisfactory level of employment depends on keeping total expenditure (consumption plus investment) at the optimum figure … The problem of maintaining full […]

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Arnold Kling shares an email get received from the higher-ups at Swarthmore College: The managers of Swarthmore College agree that climate change is the most pressing issue of our time and that Swarthmore College can — and must — play a leadership role in helping to curb the seemingly insatiable appetite for fossil fuel. That’s my […]

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Here is a good summary of the modern challenges facing philanthropists. Back when we had our student group this would have been a great topic for discussion. Aside from the obvious Hayekian concerns about knowledge and planning, the philosophical question of whether unborn future people can and should have a claim on us is difficult. […]

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From today’s news: The WSJ reports that for profit meat companies are changing their game as they respond to shifting demand for “organic food”.   A direct quote about the power of free market environmentalism; “Brandon Glenn had already gone further. Not at the behest of the government, but of a meat company for which he […]

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