Blog Profile / Marginal Revolution

Filed Under:Academics / Political Science
Posts on Regator:7362
Posts / Week:36.3
Archived Since:July 6, 2011

Blog Post Archive

Monday assorted links

1. Freddy recommends. 2. Christopher Balding on how the Chinese bailouts are going. 3. An excellent Todd Kliman piece applying the Schelling segregation model to DC restaurants. 4. Has the seasteading movement come to an end? 5. Hive Mind: How Your Nation’s IQ Matters So Much More Than Your Own; Garrett Jones’s book will be […]

Financial Rewards for Quitting Smoking Work Well

A large study in the New England Journal of Medicine verifies that financial rewards for quitting smoking are effective. Participants were randomly offered one of a variety of incentive schemes that paid participants who successfully quit smoking (verified with saliva and urine tests). Participants were free to decline the offer. The most interesting variation of the study […]

Don’t Fear the CRISPR

I’m honored to be here guest-blogging for the week. Thanks, Alex, for the warm welcome. I want to start with a topic recently in the news, and that I’ve written about in both fiction and non-fiction. In April, Chinese scientists announced that they’d used the CRISPR gene editing technique to modify non-viable human embryos. The […]

Why China is hard to figure out

It’s not just the differences of language, history, and culture.  It’s not just the (sometimes) questionable economic data, or the paucity of good Chinese academic research until very recent times. Today’s China is sui generis.  The country has grown so quickly that every decade or so there is a very new China.  And so we […]

We’ve had a version of ISDS with Vietnam since 2001

Has it been so bad?  For us?  For them?  How many of us had even noticed? Here are some information (pdf), and here (pdf), I thank Matthew Vogel for reminding me of this. Here is my previous post on ISDS and TPP.  Here is a good CRS brief on previous trade agreements with Vietnam.

Sunday assorted links

1. Urbanization without Growth (pdf). 2. Adam Posen is wise on TPP. 3. Something about me in Chinese. 4. The world’s first emotional AI? 5. Claims about early gender equality. 6. Chess players’ fame vs. their merit, or why is fame so especially concentrated in chess and physics?

Ramez Naam to Guest Blog at MR!

Tyler and I are delighted to have the great Ramez Naam guest blogging for us this week. Ramez spent many years at Microsoft leading teams working on search and artificial intelligence. His first book, More Than Human: Embracing the Promise of Biological Enhancement was a thought provoking look at the science and ethics of enhancing the human mind, body, […]

Don’t be so sure the economy will return to normal

That is my recent Upshot column for The New York Times, here is one bit from it: …there is a much more disturbing possibility that could turn out to be more accurate: namely, that the recession was a learning experience that we haven’t fully absorbed. From this perspective, the radical and sudden changes of the […]

Saturday assorted links

1. Robin Grier podcast and interview about her new book on economic development.  And Mark Koyama reviews the new Jacob Levy book. 2. Eel-like robot could explore extraterrestrial oceans; let’s do it.  What 1956 thought driverless cars would be like in 1976.  Includes a good eight minute video, worth it. 3. Video tour of China […]

Model this, the Terra Cotta Warriors of Xian

Supposedly they were built to guard the tomb of an emperor: So what’s up? 1. The emperor had a state-dependent utility function (e.g., money is worth less when you are dead), and this was the ancient equivalent of cryonics.  If there was a chance you might be called back to life, spend a lot of […]

Minority Report for Kiwi youths?

In 2012 economists at the University of Auckland published research establishing clear correlations between family circumstances and incidents of child abuse or neglect. “No one realized we were sitting on such rich data in terms of its predictive power,” says Rhema Vaithianathan, who led the research. “We can find children who are at considerably elevated […]

The myth of abandoned British austerity

David Smith sets us straight on this one: One of the most enduring claims about the British economy in recent years is that the then coalition government abandoned austerity in 2012. It is a claim that gives comfort to those who see everything that has happened to the economy through the lens of fiscal policy. […]

China errors and omissions of the day

Adding the ‘errors and omissions’ deficit to recorded net hot money outflows gives an aggregate estimate of overall hot outflows or capital flight from the mainland. By construction, this slumped to a record $209.5bn ($838bn annualised) or an eye-watering 9¼% of GDP (Chart 2). Overall, in the year to Q1, China has seen capital flight […]

Friday assorted links

1. Age distribution of American boys named George and Emmett.  Here is the more general interactive name calculator.  Here is the history of Tyler, there are few Tylers my age. 2. The Growth Economics Blog has written a children’s book, mostly 3rd-7th graders, no knowledge of the Solow model required. 3. A Curanto in Ancud. […]

The Grasping Hand: Kelo v. City of New London

The Grasping Hand, written by our GMU-law colleague, Ilya Somin, is an excellent read and the definitive treatment of eminent domain and the Kelo case. As you might expect, Somin discusses the legal issues with aplomb. So much so that the book is endorsed by both of Kelo’s opposing counsel! In addition to the law and economics, Somin offers […]

The new RCT results on poverty reduction

Declan Butler reports: Giving some of the world’s poorest people a two-year aid package — including cash, food, health-care services, skills training and advice — improves their livelihoods for at least a year after the support is cut off, according to the results of an experiment involving more than 10,000 households in six countries. The […]

How to eat well in Beijing, part II

Yes, it is a good idea to patronize the small restaurants on the outskirts of the hutong, but here is another tip.  Go to the very fanciest restaurant possible, in a fancy five-star hotel.  Then order the cheapest items on the menu.  That likely will involve some vegetables (pumpkin in egg, anyone?), tofu, and fried […]

Self-driving truck receives license in Nevada, hi future!

 Truckmaker Freightliner’s newest commercial big rig can steer and drive itself, while the driver relaxes and enjoys the ride. No, I’m not talking about Autobot Ultra Magnus. It’s the Freightliner Inspiration Truck, the first ever self-driving commercial truck to receive a road license plate for autonomous operation on public highways. The system, called Highway Pilot, […]

Thursday assorted links

1. What if Canada can’t become a major tech cluster?  And what does the Canadian trade balance look like without oil? 2. Broken windows theory tests. 3. “Austerity evidently killed GDP, but not the labor market. That’s a very interesting hypothesis, but I’m wondering which textbook theory is consistent with it?”  That’s the UK, folks. […]

The Chinese bailout has started

What if, circa 2007, the Fed had figured out what was going on and wanted to take some concentrated steps to save the day?  Well, that is the position China is in today, and they are acting fairly decisively: China is imposing a $160bn municipal bonds for debt swap on banks in an effort to […]

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