Monthly Archives: May 2013

Robin Hanson on Clans

He writes, In most farmer-era cultures extended families, or clans, were the main unit of social organization, for production, marriage, politics, war, law, and insurance. People trusted their clans, but not outsiders, and felt little obligation to treat outsiders fairly. … Continue reading

Posted in Economic History, Libertarian Thought | 2 Comments

The Tea Party vs. The Common Core

It is the lead story in today’s Washington Post. Lawmakers have responded by introducing legislation that would at least temporarily block the standards in at least nine states, including two that have put the program on hold. The Republican governors … Continue reading

Posted in Economics of Education, Libertarian Thought, links to my essays | 1 Comment

Schools Suffer From Regulatory Arbitrage

At the WSJ blog, Michael Derby writes, The way some schools are being held to account for student performance can corrupt how these institutions seek to achieve the standards, a new paper from the Federal Reserve Bank of New York … Continue reading

Posted in Uncategorized | 4 Comments

Freddie, Fannie Profits

The Washington Post reported (a few weeks ago) that Fannie Mae has made large profits that will go to the U.S. Treasury. I expect these profits to continue, because the business model right now is excellent. The government is saying … Continue reading

Posted in government debt crisis, Housing and housing finance | 2 Comments

Productivity Measurement Pessimism

Timothy Taylor reports on a symposium on productivity trends. He quotes Robert Gordon, I have often posed the following set of choices. Option A is to keep everything invented up until ten years ago, including laptops, Google, Amazon, and Wikipedia, … Continue reading

Posted in Economic education and methods, Growth Causes and Consequences, Timothy Taylor is my Favorite Blogger | 4 Comments


From Kelefa Sanneh in the New Yorker. Rothbard was an anarchist, but also a capitalist. “True anarchism will be capitalism, and true capitalism will be anarchism,” he once said, and he sometimes referred to himself by means of a seven-syllable … Continue reading

Posted in Libertarian Thought | 1 Comment

The IRS Scandal

A few takes. 1. To me, the real story is the low status of the Tea Party. As others have pointed out, if the NAACP or the Sierra Club had complained about harassment, politicians and the press would have investigated … Continue reading

Posted in Politics | 4 Comments

The Charitable Deduction

The IGM Forum asks an odd question. Agree or disagree with the statement Reducing the income-tax deductibility of charitable gifts is a less distortionary way to raise new revenue than raising the same amount of revenue through a proportional increase … Continue reading

Posted in Libertarian Thought | 4 Comments

New Commanding Heights Watch

Timothy Taylor writes, there are clearly countries that spend less per student than you would expect given their level of per capita GDP, like Iceland, which is labelled, and Italy, which is the unlabelled point more-or-less under Spain. There are … Continue reading

Posted in Economics of Education, Economics of Health Care, links to my essays, Timothy Taylor is my Favorite Blogger, Tyler Cowen is my Favorite Blogger | 3 Comments

My ebook reviewed in the WSJ

By Barton Swaim. One reason American political culture has become polarized and uncivil, Mr. Kling believes, is that each side puts its contentions almost exclusively in terms of its favored language, and fails to see that contrary opinions are manifestations … Continue reading

Posted in books and book reviews | 7 Comments