Monthly Archives: December 2016

Explaining Large Downturns

Daron Acemoglu and others write, sufficiently high levels of sectoral heterogeneity can lead to systematic departures in the frequency of large economic downturns from what is implied by the normal distribution. It sounds like a PSST story to me.

Posted in PSST and Macro | 5 Comments

Improving Economic Research

Garrett C. Christensen and Edward Miguel have a new paper ($). They conclude There are many potential avenues for promoting the adoption of new and arguably preferable practices, such as the data sharing, disclosure and pre-registration approaches described at length … Continue reading

Posted in Economic education and methods | 4 Comments

Update on the Long-term Stories

Over a decade ago, I suggested following five long-term stories: productivity; cognitive neuroscience, solar power, cancer therapy, and mainstream media meltdown It looks like mainstream media meltdown has proceeded quite far since then. People are just as happy to get … Continue reading

Posted in Growth Causes and Consequences | 13 Comments

The Psychology of Politics

Maria Konnikova surveys some of the literature. Lord and his colleagues asked people to read a series of studies that seemed to either support or reject the idea that capital punishment deters crime. The participants, it turned out, rated studies … Continue reading

Posted in Economic education and methods, Politics | 9 Comments

William Easterly on Technocratic Elites and Democracy

He writes, The problem occurs when some people turn out not to share those enlightened values and insist on challenging them. Technocrats, in these situations, don’t know what to say because they can’t rely on evidence to make their case. … Continue reading

Posted in Politics | 16 Comments

Timothy Taylor on Christmas Trees

He wrote, One artificial tree used for one year has greater environmental impact than one natural tree. However, an artificial tree can also be re-used over a number of years. Thus, there is some crossover point, if the artificial tree … Continue reading

Posted in energy and the environment, Timothy Taylor is my Favorite Blogger | 6 Comments

WaPo Watch, Week 4

I was away most of last week, so I did not see much of the actual newspaper. Two stories stood out in my mind. First, there was a story claiming that Trump’s Cabinet choices were selected in part on the … Continue reading

Posted in Tyler Cowen is my Favorite Blogger, Washington Post bias | 6 Comments

Some Holiday Cheer

From Peter Gray, Another reason for the increased ease of Self-Directed Education lies in technology. Today, anyone with a computer and Internet connection can access essentially all the world’s information. Self-directed learners who want to pursue almost any subject can … Continue reading

Posted in Economics of Education | 9 Comments

Crony Non-profitism

Jeff Bergner writes, Like the Sierra Club and other environmental groups, the NRDC receives grants from the federal government both directly and indirectly. In addition, it participates in a process referred to as “sue and settle.” It brings lawsuits against … Continue reading

Posted in public choice | 7 Comments

What Are Americans Moving Less?

Timothy Taylor writes, between the 2002-3 and 2015-16 measurements, the share of moves that were 50 miles or less rose from 32.3% of all moves to 42.3% of all moves. The main offsetting decline was in moves of between 200 … Continue reading

Posted in Uncategorized | 5 Comments