Monthly Archives: September 2017

Scott Winship on labor-force participation

From a summary of his research: Obama’s Council of Economic Advisers (CEA) makes the argument that the decline in prime-age male labor is a demand-side issue that ought to be addressed through stimulative infrastructure spending, subsidized jobs, wage insurance, and … Continue reading

Posted in labor market | 7 Comments

Off-topic: marriage and grandchildren

I do not attach any political or economic significance to what I writing about in this post. Ordinarily, that would be clear, but this blog usually deals with political economy and these days people can find a political dividing line … Continue reading

Posted in books and book reviews, David Brooks | 6 Comments

The 1960s and the present

David Brooks draws an analogy. So in the late 1960s along came a group of provocateurs like Abbie Hoffman, Jerry Rubin and the rest of the counterculture to upend the Protestant establishment. People like Hoffman were buffoons, but also masters … Continue reading

Posted in David Brooks | 15 Comments

Robin Hanson on competitive social engineering

He writes, Perhaps we could create more clear and direct contests, where the two political sides could compete to do something good. For example, divide Detroit or Puerto Rico into two dozen regions, give each side the same financial budget, … Continue reading

Posted in Politics | Comments Off

Populism, progressivism, and the Trump phenomenon

Jeffrey Friedman writes, The Populists had inadvertently added, to the traditional democratic tenet that power should be in the hands of the people, the sociotropic tenet that the government should use this power to serve the people’s interests. These two … Continue reading

Posted in Jeffrey Friedman is provocative | 4 Comments

Mis-education of health care economics

Responding to a post by John Cochrane, on his own blog Greg Mankiw refers readers to this piece that Mankiw claims to provide readers with education on the economics of health care. various features of this market complicate the analysis … Continue reading

Posted in Economics of Health Care | Tagged , | 22 Comments

Big cities vs. the rest

Philip Auerswald suggests that this is the key political and tribal divide. the 21st century, certainly the 20th century going into the 21st, has been an era in which the largest cities have become even more dominant and have driven … Continue reading

Posted in income distribution-wealth-poverty, Politics | 1 Comment

Luis Bettencourt on cities

In 2013, Emily Badger wrote, At their most fundamental, cities are not really agglomerations of people; they’re agglomerations of connections between people. Bettencourt is basically describing interconnected relationships between the population growth of a city; the incremental expansion of the … Continue reading

Posted in Growth Causes and Consequences | 4 Comments

Andrew Sullivan on tribalism

He writes, I mean two tribes whose mutual incomprehension and loathing can drown out their love of country, each of whom scans current events almost entirely to see if they advance not so much their country’s interests but their own. … Continue reading

Posted in Politics, Three-Axes Model | 19 Comments

Aaron Ross Powell on the X

He emails gotta say, I think you’re completely misreading Apple’s motives for releasing the iPhone X, and so misreading their strategy for the device. The iPhone X is out now, instead of seeing similar features roll out in a year … Continue reading

Posted in behavioral economics, business economics | 7 Comments