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Conservative vs. liberal jobs

Robin Hanson reports: My last post got me thinking about the liberal vs. conservative slant of different jobs. Here are two sources of data. Consider some jobs that lean conservative: police, doctor, religious worker, insurance broker. These seem to be jobs where there are rare big bad things that can go wrong, and you want to […]

What one thing could we do to best boost future economic growth?

In my article for a Cato Symposium I cite foreign policy: It is possible that we are still living inside the biggest bubble of them all and that is called “the peace bubble.” I’ve also heard this described as the bubble of “Pax Americana,” although that is a more partisan take on the role of […]

Good sentences about automation and jobless recoveries

The model also predicts that recessions accelerate the decline in routine occupations—firms prefer to destroy routine jobs during a downturn, when the opportunity cost of restructuring is low. This acceleration can account for recent cyclical changes of the labor market: routine job losses are concentrated in recessions and the ensuing recoveries are jobless. That is […]

Assorted links

1. What are the most Democrat and Republican names? 2. Survey paper on behavioral political economy. 3. Do seals rape penguins? 4. Virginia Postrel on the spontaneous order that is Wikipedia. 5. The great chicken soup stagnation. 6. “India is going to use coal because that’s what it has…” 7. Should we “dream smaller” in […]

Defining Diversity Down

Marc Andreessen make some excellent points about diversity in a wide-ranging interview: The critique of Silicon Valley is also that it isn’t very diverse. At Twitter, for instance, 90 percent of the tech employees are male and more than 50 percent of them are white. I think these discussions are totally valid. Now, I disagree […]

Somsook Boonyabancha

She has a new idea: Somsook is developing the methodology for “land-sharing”, an urban land use innovation built around a mutually beneficial deal between urban squatters and the owner of the land who wishes to develop for commercial purposes. The slum dwellers get new, better, if more dense housing on a back portion of the […]

2015 Law and Literature reading list

The New English Bible, Oxford Study Edition The Law Code of Manu, Penguin edition Njal’s Saga (on-line version is fine) Lawyer Poets and that World Which We Call Law, edited by James Elkins Glaspell’s Trifles, available on-line. The Metamorphosis, In the Penal Colony, and Other Stories, by Franz Kafka, edited and translated by Joachim Neugroschel. […]

The bad economic news out of Japan: what does it mean?

Here is one version of the latest report, here is another.  People, don’t be surprised by this bad news.  Unemployment in Japan already had fallen to about three and a half percent.  So how much of a miracle could Abenomics accomplish in the first place?  Not much, not even for committed Keynesians.  Commentators have grown […]

Assorted links

1. David Warsh on the fourth Chicago School. 2. The Habsburg Empire was OK for trust. 3. Diverting water to northern China. 4. Worm brain installed in robot. 5. Toward an insider trading theory of foreign policy? (Putin hoards gold) 6. Diagnosing hundreds of diseases from a single drop of blood?

China political surgery markets in everything

This passage is from Gao Wenqian’s Zhou Enlai: The Last Perfect Revolutionary: Doctors in China could not conduct major medical procedures on top leaders without the approval of the Politburo Standing Committee.  Such was the long-standing rule.  Thus, in 1975, Deng Ziaoping and Marshal Ye Jianying, leaders among the old CCP cadres who had generally […]

Statistical discrimination in Israeli used car markets

Asaf Zussman has a 2013 Economic Journal paper on this topic (pdf, gated), here is the abstract: Using a combination of randomised field experiments, follow-up telephone surveys and other data collection efforts, this article studies the extent and the sources of ethnic discrimination in the Israeli online market for used cars.  We find robust evidence […]

Assorted links

1. Heat your house with someone else’s computer. 2. The depression of George Scialabba. 3. Japanese mag lev trains hit near airplane speeds. 4. I, too, am enjoying Serial. 5. When was the greatest Finnish Great Depression? 6. “Already, we are in the midst of what could be the longest streak of consecutive chocolate deficits […]

The Great Autocrat Moderation, and when will it end?

We’ve now seen a good twenty-five years of autocrats backing down, ceding power, and refusing to escalate, starting  around 1989 if not earlier.  Arguably North Korea and Saddam Hussein have been partial exceptions, but even there North Korea has stayed in its shell and Saddam had in fact largely disarmed his WMD.  We also see […]

The fine art of public sector budgeting (for seized assets)

D.C. police have made plans for millions of dollars in anticipated proceeds from future civil seizures of cash and property, even though federal guidelines say “agencies may not commit” to such spending in advance, documents show. The city’s proposed budget and financial plan for fiscal 2015 includes about $2.7 million for the District police department’s “special […]

Losing to Win

That is the title of a paper from Kai Steverson, who is on the job market from Princeton this year: Abstract: We study an infinite horizon model of political competition where parties face a trade-off between winning today and winning tomorrow. Parties choose between nominating moderates, who are more viable, or partisans, who can energize the […]

Keystone XL Pipeline: Enough Already!

Paul C. "Chip" Knappenberger Enough already! Why is Congress, the President, or anyone else, still talking about the Keystone XL pipeline? This project is so small in the grand scheme of anything it boggles the mind anyone outside of...Show More Summary

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