Monthly Archives: March 2018

Carl Shapiro on anti-trust for tech

The abstract says, This article discusses how to move antitrust enforcement forward in a constructive manner during a time of widespread and growing concern over the political and economic power of large corporations in the United States. Three themes are … Continue reading

Posted in business economics, Timothy Taylor is my Favorite Blogger | 3 Comments

Too much political identification

Rebecca Newberger Goldstein writes, I’m no fan of postmodernism, but I somehow doubt that this obscure academic ideology is responsible in any meaningful way for our post-truth woes. For one thing, the writings of postmodernists are so opaque and filled … Continue reading

Posted in Politics | 8 Comments

Not your 1960s protests

Barton Swaim writes, a walkout is supposed to be an act of rebellion, of resistance. It involves risk. Like a strike at a factory—if you participate, you might get what you want or you might lose your job. The Enough! … Continue reading

Posted in culture, Politics | 10 Comments

Health care prices and quantities

Irene Papanicolas, Liana R. Woskie, and Ashish K. Jha write, The United States spent approximately twice as much as other high-income countries on medical care, yet utilization rates in the United States were largely similar to those in other nations. … Continue reading

Posted in Economics of Health Care, Tyler Cowen is my Favorite Blogger | 7 Comments

TLP makes a cameo appearance

in a new book by Eunice and Sabrina Moyle, called Be the Change. In the section of the book that discusses political activism, they write, Arnold Kling says that people tend to act according to a dominant axis–a trade-off between … Continue reading

Posted in Three-Axes Model | Tagged | 3 Comments

Disaggregating the economy: consumption tribes

In a paper marked “preliminary and incomplete,” Brent Neiman and Joseph Vavra write, Our key findings, that household product concentration and cross-household variance are both rising, is pervasive and robust: it holds in every geographic market in Nielsen data and … Continue reading

Posted in disaggregating the economy | 2 Comments

Is personality psychology just a baloney sandwich?

I say no, although it is not like physics. We are talking about modest correlations, not strict laws. What made the marshmallow test famous was the follow-up work which suggested that a child’s ability to defer gratification on the test … Continue reading

Posted in behavioral economics, statistical methods | 4 Comments

Road to Sociology Watch

Regarding a code of conduct promulgated for the American Economic Association, women in economics at Berkeley write, In order to craft an effective and appropriate Code of Conduct, the AEA must commit to a longer process that enlists and compensates … Continue reading

Posted in Economic education and methods | 4 Comments

Nathan Smith

On Facebook, he writes, The most overrated economist in the world is Daron Acemoglu; the most underrated may be Arnold Kling. For years, I’ve been getting more and more disillusioned with economics, as the noise of pointless rent-seeking “publications” (the … Continue reading

Posted in Specialization and Trade Economics Intro | 3 Comments

Models, Marx, and Mises

Recently, I have made the case for updating economics in an essay and in this podcast with Russ Roberts. As I expected, I encountered resistance from three sources: people who think in terms of models; people who think in terms … Continue reading

Posted in Economic education and methods | 5 Comments