Monthly Archives: September 2014

DeLong-Term Interest Rates

Posted on September 5, 2014 by Arnold Kling

Brad DeLong writes, when I look at the sub-zero 5-Year TIP and at the 0.6%/year 6-10 Year TIP I read that as Ms Market decoupling its inflation expectations from its real growth and real interest rate expectations, and not in … Continue reading →

Posted in financial markets | 12 Comments

Gregory Clark on Immigration and Income Distribution

Posted on September 4, 2014 by Arnold Kling

Self-recommending, although I could raise many objections to his conclusion. Some excerpts: There is reason to believe that many recent migrants to both the United States and Europe will have a much more difficult time than their predecessors. Meanwhile, the … Continue reading →

Posted in income distribution-wealth-poverty, Jason Collins is Indispensable, Reihan Salam is the ultimate wonk, trade and immigration | 3 Comments

Being Charitable to those who Disagree

Posted on September 4, 2014 by Arnold Kling

Maria Popova quotes D.C. Dennett on how to argue: 1. You should attempt to re-express your target’s position so clearly, vividly, and fairly that your target says, “Thanks, I wish I’d thought of putting it that way. 2. You should … Continue reading →

Posted in Blog and Comment policy and philosophy | 7 Comments

Why Published Results Can be Unreliable

Posted on September 3, 2014 by Arnold Kling

Mark Peplow reports on research by Neil Malhotra, who tracked research projects to compare those that were published with those that were not. Of all the null studies, just 20% had appeared in a journal, and 65% had not even … Continue reading →

Posted in Mark Thoma is Indispensable, statistical methods | 4 Comments

The Book on SecStag

Posted on September 3, 2014 by Arnold Kling

Timothy Taylor writes, Coen Teulings and Richard Baldwin, who have edited a useful e-book of 13 short essays with a variety of perspectives on Secular Stagnation: Facts, Causes and Cures. In the overview, they write: “Secular stagnation, we have learned, … Continue reading →

Posted in books and book reviews, Growth Causes and Consequences, labor market, PSST and Macro, Timothy Taylor is my Favorite Blogger | 5 Comments

Culture and Institutions

Posted on September 2, 2014 by Arnold Kling

Bryan Caplan writes, Simple economics implies that government enterprises should be far worse than they really are. I am reading (admittedly a bit late to the party) Peter T. Leeson’s collection of essays on anarchy. In at least one of … Continue reading →

Posted in books and book reviews, Libertarian Thought | 4 Comments

Politics, Reasoning, and Group Affiliation

Posted on September 2, 2014 by Arnold Kling

Daniel Kahan writes that one should view culturally motivated reasoning (CMR) as a form of reasoning suited to promoting the stake individuals have in protecting their connection to, and status within, important affinity groups. Enjoyment of the sense of partisan … Continue reading →

Posted in behavioral economics, Politics, Scott Sumner is Coherent | 3 Comments

Health Care Innovation

Posted on September 1, 2014 by Arnold Kling

I review the book by Jonathan Bush and Stephen Baker. An excerpt: Bush argues that for most medical services, flagship research hospitals are high-cost providers. He believes that in a rational marketplace, the leading hospitals would have to specialize in … Continue reading →

Posted in books and book reviews, business economics, Economics of Health Care | 1 Comment