Monthly Archives: February 2018

Mis-measurement and Mis-leadership

My latest Medium essay, called Mis-Leadership and Metrics. An excerpt: Instead of holding teachers accountable to a centralized statistical office, I believe that teacher evaluation should be undertaken by peers, principals, and parents. Test scores can be unreliable indicators for … Continue reading

Posted in books and book reviews, Economics of Education, Libertarian Thought | 6 Comments

Nassim Taleb’s latest

I have just started reading Skin in the Game. Not far enough into it to have much to say. A couple years ago, I had lunch with a friend, and somehow the subject came up of what I thought were … Continue reading

Posted in books and book reviews | 3 Comments

Beyond ideology

Nat Eliason wrote this essay. If you are a Medium subscriber, you can applaud for it here. A random excerpt: You might say “but I don’t want to read political philosophy.” That’s fine, but then don’t pretend that you’re interested … Continue reading

Posted in Libertarian Thought | Tagged | 13 Comments

Aggregation, not paywall AI, is the answer

Shan Wang writes, The [Wall Street] Journal has found that these non-subscribed visitors fall into groups that can be roughly defined as hot, warm, or cold, according to Wells. Those with high scores above a certain threshold — indicating a … Continue reading

Posted in business economics, Information Goods, Tyler Cowen is my Favorite Blogger | 10 Comments

The Economics of the Peter Principle

Alan Benson, Danielle Li, and Kelly Shue write, Using detailed microdata on sales workers in US firms, we provide the fi rst large-scale empirical evidence showing that fi rms prioritize current performance in promotion decisions at the expense of promoting the best … Continue reading

Posted in business economics | 5 Comments

Off-topic: Laura Lippman’s latest novel

It is called Sunburn. I got to it because it was praised in reviews and because its setting is a town on the way to the beach where we vacation every summer. She calls the town Belleville, but I assume … Continue reading

Posted in books and book reviews | 2 Comments

Road to Sociology Watch

From The Economist A similar study of American economists by Ms May and others also found men more sceptical of government regulation, more comfortable with drilling in the Arctic National Wildlife Refuge, and more likely to believe that a higher … Continue reading

Posted in Economic education and methods, Tyler Cowen is my Favorite Blogger | 9 Comments

My health care essay: condensed version

The Myths Surrounding Health Care Policy. A random excerpt: But in practice, it is not so easy for statisticians and economists to over-ride the judgment of doctors. As anyone who has ever tried to set up a bonus system for … Continue reading

Posted in Economics of Health Care, links to my essays | 10 Comments

Finished my assignment: a 20-page essay on health care

It’s actually more like 12 pages, single-spaced. About 6000 words. I am not sure what to do with it. Here is the conclusion: As individuals, we would like unlimited access to medical services without having to pay for them. Collectively, … Continue reading

Posted in Economics of Health Care | 10 Comments

So-called experts on U.S. vs. Europe in health care spending

The European IGM Experts Panel was polled on the following proposition: Higher quality-adjusted US healthcare prices contribute relatively more to the extra US spending than does the combination of higher quantity and quality of US care (interpreting quantity and quality … Continue reading

Posted in Economics of Health Care | Tagged , | 5 Comments