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Reflections on Rapid Response to Unjustified Climate Alarm

Richard Lindzen The Cato Institute’s Center for the Study of Science today kicks off its rapid response center that will identify and correct inappropriate and generally bizarre claims on behalf of climate alarm. I wish them luck inShow More Summary

Assorted links

1. Very unlikely markets in everything (not even sure I should believe it, though perhaps some of you have extreme faith in signaling and adverse selection models). 2. Clive Crook makes the best case for Scottish independence I have seen. 3. Attach your iPad directly to your face (department of why not?). 4. Chimpanzees and […]

The Inanity of the Anti-Secessionists

To favor creating a new state somewhere is to be a dirty nationalist. To favor keeping all existing national states precisely as they are is very progressive and enlightened and not nationalist at all. How do these people believe this stuff? Even though independence would be bad for Scotland in the short to medium run, […]

Ideas Freely Exchanged

Caleb O. Brown Freedom of Speech - Why Liberty? Having the ability to freely exchange ideas creates better governance and stronger communities. Catherine Sevenko describes her time working overseas in Budapest and Moscow and understanding the importance of our First Amendment rights. Catherine Sevcenko works for the Foundation for Individual Rights in Education.

Countries at Risk, not Fake U.S. Coalition, Should Stop the Islamic State

Doug Bandow President Barack Obama is fighting the Islamic State with a coalition without members. What are allies for? Washington collects allies like most people collect Facebook friends. It doesn’t matter if the new “friends” enhance America’s security. Show More Summary

Sweden's Electoral Warning for David Cameron

David Boaz Cato senior fellow Johan Norberg writes in The Spectator that David Cameron ought to ponder the electoral loss of his friend and fellow “modernizing conservative” Fredrik Reinfeldt in the Swedish election: It was not that Swedish voters were not impressed with the economy. Show More Summary

Do I wish to revise my time management tips?

I wrote this in 2004 on MR: Here are my suggestions: 1. There is always time to do more, most people, even the productive, have a day that is at least forty percent slack. 2. Do the most important things first in the day and don’t let anybody stop you.  Estimate “most important” using a […]

The agricultural productivity gap

That is the recently published (QJE) paper by Douglas Gollin, David Lagakos, and Michael E. Waugh, the abstract is here: According to national accounts data, value added per worker is much higher in the nonagricultural sector than in agriculture in the typical country, particularly in developing countries. Taken at face value, this “agricultural productivity gap” […]

Bitcoin Charts, Finally

Steve H. Hanke Bitcoin, the new digital currency, remains a mystery to many. There is no better way to lift the fog surrounding bitcoin than to let the data speak. And data speaks loudest through charts. Yes, topological analysis isShow More Summary

The language of restaurant reviews

Jennifer Schuessler at The New York Times reports on the work and new book of Dan Jurafsky: In a study of more than a million Yelp restaurant reviews, Mr. Jurafsky and the Carnegie Mellon team found that four-star reviews tended to use a narrower range of vague positive words, while one-star reviews had a more […]

Livestream of Solow and DeLong vs. Cowen and Roberts debate on Piketty

Friday, 1:15, EST.  The LiveStream is here.  I commend the Center for Equitable Growth for sponsoring this event.

NYT Reverses Course on German Renewables

Peter Van Doren This week the New York Times featured an article lauding Germany’s embrace of renewable energy in recent years. This came just under a year after it published a separate article questioning the costs of subsidized wind power. Show More Summary

Assorted links

1. Rerun of my earlier post “My favorite things Scotland.” 2. David Hume wine cellar may lie behind office block. 3. The National Pygmy Goat Association. 4. Search movie and television dialogue for word usage (some juvenile results) 5. China’s president advises Chinese tourists: not so many instant noodles. 6. Chris Bertram on Scotland.

The Costs of Independence

Emma Ashford As my colleague Doug Bandow noted on Cato@Liberty a few days ago, Scottish independence is for the voters of Scotland to decide. And so it should be. But, as I write over at Foreign Policy, U.S. policymakers need to be aware...Show More Summary

Customs and Border Protection’s Extravagant Houses

Nicole Kaeding U.S. Customs and Border Protection is the second largest agency within the Department of Homeland Security (DHS). The agency cost taxpayers $13 billion in fiscal year 2014, and its budget is growing quickly. Spending has...Show More Summary

On Eve of Scottish Vote, Another Look at Capital Markets

Unless the polls are systematically biased or there is a late-breaking surge in support for “Yes,” the “No” campaign looks set to squeak by with a narrow victory in the Scottish independence referendum. On the betting markets, a “Yes” vote has plunged below an implied probability of 20%. What has this decline in the prospects […]

Columbia extends its wealth tax

Colombia is one of the world’s most unequal societies. Last week, the government of Juan Manuel Santos, who began his second term as president in August, announced the extension of a wealth tax introduced in 2002 to pay for the mounting costs of the country’s 50 year drug-fuelled guerrilla war. “In that sense, we are […]

What’s the effect of TOMS shoes on local development?

A new paper from Wydick, Katz and Janet: We carry out a cluster randomized trial among 979 households in rural El Salvador to test whether shoe donations exhibit negative impacts on local shoe markets. Households in half of our communities … Continue reading ? The post What’s the effect of TOMS shoes on local development? appeared first on Chris Blattman.

Scottish Independence Will Kill Socialism on Both Sides of the Border

Marian L. Tupy Much has been said about the impact of Scottish independence on British politics. With the predominantly socialist parliamentarians from Scotland gone, the Conservative Party would likely come to dominate British politics for the foreseeable future. Show More Summary

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