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Nixon certainly made a lot of use of that idea. Not sure how prevalent it was before him. I also think it is overused today, and from an information economics perspective you can understand why. In any case, here is a parent willing to not remain silent. April 13, 2021  Dear Fellow Brearley Parents,  Our […]

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The most incredible thing about the Christian holiday of Easter is the guiding light the faith has been to billions of people. You may share different religious beliefs, you may be atheist, or agnostic, but I would remind all of us two things. First, we all have religious beliefs, some of us are just able […]

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This post is not intended to be an all-encompassing discussion of the problem of kidney shortages, and the main arguments for an against, rather it is a lightly edited illustration of the conversations we have after I teach lectures on the “efficiency” of the current kidney allocation system. Indeed, we end up having one to […]

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I will refer you later to a much larger work I’ve put together on “everything you need to know about the economics of climate change” … and among the key uncertainties are: What is the equilibrium climate sensitivity (i.e. long-term feedback)? There is zero consensus on this. (“feedback”) What is an appropriate way to count […]

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Black Americans disproportionately suffer from kidney disease. Our current policy bans any market incentives from helping them out. By any definition of racism from Kendi and others, therefore having a price control of zero in kidneys IS RACIST. And it is therefore ANTIRACIST to advocate for more market oriented organ policies. Of course, the Hash […]

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Wherein Cornell tries to put the locomotive back on the tracks. I doubt it will do much, it may be performative too, but at least they are recognizing the cancer. Cornell Policy Statement on Academic Freedom and Freedom of Speech and Expression Cornell University respects and is committed to fundamental principles of academic freedom and […]

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Economist Thomas Sowell writes in Discrimination and Disparities: A study titled The Poor Pay More saw the poor in general as “exploited consumers,” taken advantage of by stores located in low-income neighborhoods. (Here are two studies, here and here). This view was echoed in the media, in government and in academic publications. Yet, because many […]

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What that image depicts is what share of an “adequate family of four budget” that a minimum wage earner would make if she worked full-time (52 weeks @ 40 hours). That budget was determined by the Bureau of Labor Statistics and included what it costs to purchase goods, rents and services, payment of personal taxes, […]

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“White House Press Secretary Jen Psaki said Tuesday that Biden’s goal is for more than 50% of schools to have “some teaching” in person “at least one day a week” – not necessarily fully reopened – by Day 100 of his presidency.” We are living in a failed state. Have a nice day. My prediction […]

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