This morning, two different people sent me these two links: What the hell is going on? What the hell is going on? To answer Tyler’s question at the end of (1), I think we are going to find out.
Category Archive for 'Flotsam and Jetsam'
Just because something is popular … you know, over 58% of my students favor eliminating studying as a requirement to do well in college; over 58% of the children in my kids’ school think Reeses Pieces are an essential part of a quality diet; over 58% of Catholics want the rest of the world to […]
Forcing people to vote … only … forces people to vote. No improvement in election outcomes. I find it hilarious that we can call it a “democracy” if you are forced to vote. Why Dodd-Frank will fail? The history of deposit insurance shows that it increases systemic risk, and of course, is instituted as a […]
Does anyone actually store money under their mattress?
I cannot recommend more highly George Stigler’s old autobiography, Memoirs of an Unregulated Economist. You will find him to be far more thoughtful, humble, generous and circumspect than any crude caricature you will ever see of him. Reading these sorts of books makes me sad for what has happened to education on two levels. First, he […]
Evidence for Hanson’s filter? I find this one terrifying. Here is Marty Weitzman on negotiating global minimum carbon prices. The difficulty, as I see it, is that the “extra benefit” that country A receives from countries B through Z reducing carbon, can in fact, be negative. Gary Gorton on safe assets. I know I am […]
Not much to round-up today (well, actually, I am not in a position to round-up much), and some is sobering. Try this one: “We find that poor economic conditions do not drive participation in ISIS. ” Paper here. Read the abstract, intro and conclusion, you will be depressed. I think Trumpists will use this one fiercely […]
In some of this week’s research findings we have: Women are much more likely to want jobs with more flexibility and stability, and to pay for it with lower wages. Science deniers take note. “While there is substantial heterogeneity in preferences, we find that women on average have a higher willingness to pay for jobs with […]
Robert Lucas seems to lend additional support for the “Skill-Biased Technical Change” argument for why measured income inequality has increased. Can competitive fiat currency competition produce stable prices? It is neat to see this conversation happening again, it’s been relatively dormant for some time. We need an Uber for moving. Efficient cheating? How about we just eliminate the […]