Monthly Archives: September 2015

Four Forces Watch

Posted on September 2, 2015 by Arnold Kling

Jon Birger writes, according to separate research by University of Pennsylvania economist Jeremy Greenwood and by UCLA sociologists Christine Schwartz and Robert Mare, educational intermarriage is less common today than at any point over the past half century. The drum … Continue reading →

Posted in Four Forces Watch, Tyler Cowen is my Favorite Blogger | 6 Comments

Kicking China when it’s Down

Posted on September 1, 2015 by Arnold Kling

Yasheng Huang writes, The lasting contributions of infrastructures come from their usage, not from their construction. This is why a bridge to nowhere can boost GDP temporarily, but it has no long-run positive effect. On that, China falls short. It … Continue reading →

Posted in PSST and Macro | 11 Comments

Ancient Trade and Trust

Posted on September 1, 2015 by Arnold Kling

1. From Adam Davidson in the NYT magazine: At the city gate, Assur-idi ran into a younger acquaintance, Sharrum-Adad, who said he was heading on the same journey. He offered to take the older man’s donkeys with him and ship … Continue reading →

Posted in Economic History, Specialization and Trade Economics Intro, Tyler Cowen is my Favorite Blogger | 7 Comments