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Bipartisan Baloney About Top 1 Percent Income Gains

Alan Reynolds In the State of the Union address on January 20, President Obama said, “those at the top have never done better… Inequality has deepened.” The following day, Fox News anchor Brett Baier said, “According to the work of Emmanuel...Show More Summary

The military that is German

The German army has faced a shortage of equipment for years, but the situation has recently become so precarious that some soldiers took matters into their own hands. On Tuesday, German broadcaster ARD revealed that German soldiers tried to hide the lack of arms by replacing heavy machine guns with broomsticks during a NATO exercise last year. After painting […]

Complex sentences to ponder

How quickly are negative nominal interest rates self-correcting?  Izabella Kaminska at the FT serves up part of an answer here: Yet, in a globalised FX market, it’s arguably not until all carry is exhausted that excess funds can lead to a commodity-style liquidation effect that corrects the price of money against a basket of goods […]

China Builds Fortress Seastead in South China Sea

The Wall Street Journal reports: Newly released satellite images show a dramatic expansion in China’s construction of artificial islands on disputed South China Sea reefs, intensifying concerns about Beijing’s territorial ambitions.

The Future of NATO (Event: March 4th)

Emma Ashford Russian aggression in Eastern Europe during the last year has brought to the fore many of the issues surrounding the transatlantic security relationship, in particular, the role of NATO. Since the end of the Cold War, NATO...Show More Summary

Are there advantages to waiting in line?

That is the topic of my new column for The Upshot.  Here is one excerpt: Higher prices also skew the customer mix toward wealthier and thus older people, who exert less influence over the purchasing decisions of their peers. They are less likely to text about a concert, put it on their Facebook pages or […]

The Libertarian Mind in the News

David Boaz I’ve been busy talking up the libertarian moment, libertarian ideas, and The Libertarian Mind (buy it now, available everywhere) in person and in print lately. Here are a few recent examples. My article on America’s libertarian...Show More Summary

What I’ve been reading

Euphoria, by Lily King. Pioneering anthropologists in the field, making it up as they go along: The novel. Inspired by Margaret Mead. Probably the best book I’ve read this year. I find it impossible to imagine the equivalent book on … Continue reading ? The post What I’ve been reading appeared first on Chris Blattman.

I wondered when this would start to happen

Every seminar these days has pictures of program activities. So, of course, I take more photos than I used to in the past. This time in Uganda, the tables turned. We were visiting a rather spectacular farmer. I whipped out … Continue reading ? The post I wondered when this would start to happen appeared first on Chris Blattman.

What Fed Officials Really Don't Want You to Know (Hint: They Are Telling You)

George Selgin Yesterday morning I had a query from someone asking me to share my thoughts about the Federal Reserve Transparency Act, better known as the bill to “Audit the Fed.” Having given him a brief answer, I thought I might say...Show More Summary

Assorted links

1. Noah Smith recommends economics blogs. 2. Facts about young Americans. 3. How effective is pharmaceutical self-regulation in Sweden and the UK? 4. Justice reform is uniting the left wing and the right wing. 5. Oliver Sacks writes of David Hume and his terminal illness.  And a good review of Ian Bostridge’s superb Winterreise book.

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