Blog Profile / Marginal Revolution

Filed Under:Academics / Political Science
Posts on Regator:10974
Posts / Week:35.3
Archived Since:July 6, 2011

Blog Post Archive

Regulation and Economic Growth

The author is James Broughel and the subtitle is Applying Economic Theory to Public Policy.  I am biased, as James was my doctoral student and this is an adaptation of his thesis, but I think this is a great work and also well-written...Show More Summary

The Senate health care bill

Here is a good summary and analysis from Megan McArdle, here is one key part: But while there are a few things to like in this bill, overall, it’s a mess.  All of the problems created by Obamacare’s architecture remain, and some of the...Show More Summary

The commerce that is Chinese

As organized, multiplayer video game competitions — also known as esports, or electronic sports — continue to gain recognition in China, entertainment giant Tencent Holdings Ltd. has accelerated its esports expansion with the unveiling of a new five-year plan. Show More Summary

Temporarily postponed markets in everything, Gilligan’s Island edition

There is a restaurant in New Jersey called Tina Louise. It’s serves “a taste of Asia.” We were thinking tropical island fare. According to the website, it is temporarily closed due to a fire. But if you someday find yourself in Carlstadt,...Show More Summary

To what extent is current alt right populism an Anglo-American phenomenon?

That is the topic of my latest Bloomberg column, here is part of the argument: More generally, the U.S. is an environment where new products — and here I mean of the non-political sort — get started relatively easily. People are willing...Show More Summary

The orca wars escalate, with special reference to the economics of fisheries

The orcas will wait all day for a fisher to accumulate a catch of halibut, and then deftly rob them blind. They will relentlessly stalk individual fishing boats, sometimes forcing them back into port. Most chilling of all, this is new:...Show More Summary

Grading Modi

There have been a number of articles recently reviewing economic reform under India’s Prime Minister Narendra Modi. The best is this excellent report from the Economist: FEW countries would see a tax requiring some businesses to file over 1,000 returns a year as an improvement. Show More Summary

Thursday assorted links

1. Those who leave vs. those who stay. 2. Cass Sunstein paper on mandatory labeling for GMOs. 3. Did the Scalise shooter almost cause a constitutional crisis? 4. Is there an oversupply of American restaurants? 5. Rollback of Medicaid provisions in the GOP health bill (NYT). Show More Summary

How and why did economic history blossom?

C. inquires: Why do we live in the golden age of economic history? Was there something identifiable that caused the subfield to grow in esteem? Some new technology that changed the costs of research (not that I can see)? Something else?...Show More Summary

The new Charles C. Mann book, The Wizard and the Prophet

I am of course excited about this, as his 1491 and 1493 are two of my favorite books: The Wizard and the Prophet: Two Remarkable Scientists and Their Dueling Visions to Shape Tomorrow’s World Here is the Amazon summary: In forty years, Earth’s population will reach ten billion. Show More Summary

Wednesday assorted links

1. 7 year olds solve coordination problems over 80% of time, 5 year olds less than 20% of time -finds Grueneisen 2. Claims about wages in southern Brazil. 3. “”Socialists who think charter school success can’t be scaled” occupy an interesting ideological space” — Adam Ozimek. Show More Summary

Beijing notes

To consider the delta, for all the talk of lactose intolerance, dairy products are booming.  Taxi drivers seem to have lost their reluctance to pick up Westerners.  More and more hutongs have been removed from downtown (duh).  There is a street with three different outlets selling Mexican-style churros.  Overall it feels nicer and more normal. Show More Summary

My podcast with Ed Luce

It was a forty-minute chat (podcast, no transcript), most of all about the decline of liberalism, based around Ed’s new and very well-received book The Retreat of Western Liberalism.  We also covered what a future liberalism will look...Show More Summary

Is the 100-year Argentine bond good news or bad news?

Mr Costa explained that long-duration bonds are the best way for real money investors to place bets on Argentina, given that they are unable to leverage themselves like a more nimble hedge fund. “If you are an investor with a constructive view on Argentina, what you want is duration,” he said. Show More Summary

Shakespeare in an age of Trump is a little disconcerting

That is the topic of my latest Bloomberg column, here is just one excerpt: I see Trump as not a ruler but rather akin to the various fools, jesters or, in the case of Lear, the character of Edgar, who appears before the king in disguise and warns him of his enemies. Show More Summary

Arrived in my pile

All look very good and very useful: George Selgin, Money Free and Unfree Barak D. Richman, Stateless Commerce: The Diamond Network and the Persistence of Relational Exchange Guy Standing, Basic Income: A Guide for the Open-Minded Eminent...Show More Summary

Tuesday assorted links

1. Is a British U-turn from Brexit really workable? 2. New results on right-to-carry laws. 3. Mortality inequality between the U.S. and Canada is a converging trend. 4. The union wage premium in 1950. 5. GMOs boost corn yields by 17%. 6. A bad, too-trendy predictive list of future literary classics. The post Tuesday assorted links appeared first on Marginal REVOLUTION.

Little Soldiers

The author is Lenora Chu and the subtitle is An American Boy, a Chinese School, and the Global Race to Achieve.  It’s about what the Shanghai public school system really is like, from an American/Chinese-American point of view.  Here...Show More Summary

The Return of the Jitney

Lyft’s new service, Lyft Shuttle, works on a fixed route for a fixed fee during commute hours. Salon mocks this as a “glorified city bus with fewer poor people.” In fact, Lyft Shuttle and Uber Pool, which is moving in a similar direction, are an improved form of jitney. Show More Summary

The true Thomas Bayes

Rational or irrational? Thomas Bayes was a Presbyterian minister. Bayes’s first publication was a theological work, entitled Divine Benevolence ([Bayes], 1731). Since no author appears on the title page of the book, or anywhere else, it is sometimes considered to be of doubtful authorship. Show More Summary

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