We’ll be taking a hiatus for a while, not that we haven’t intellectually done so for the past 2+ years. In the meantime, I report now that (1) the union drive at U of R is likely toast, so thank you to all of you for your interest in that story; and (2) I see […]
Category Archive for 'Flotsam and Jetsam'
Healthy life expectancy has increased by 1.8 years since 1992. Disabled expectancy? Down a half-year. Shocker. Not. Supply shocks are expansionary, even at ZLB. All of this stuff about the “rules being different” at the zero lower bound astound me, as if there is some magic to the number zero as opposed to a number […]
Food stamps work. Sure to be widely reported on the right. Definitely spend the time to read this article on the Sugar Conspiracy.
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.
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 […]