Category Archives: links to my essays

Losing health insurance that you do not want

Tyler Cowen writes, many of the poor do not value health insurance nearly as much as many planners feel they ought to, in large part because they are already getting some health care. He quotes from the abstract of a … Continue reading

Posted in Economics of Health Care, links to my essays, Tyler Cowen is my Favorite Blogger | 22 Comments

College women and the future of economics

Catherine Rampell writes, The shrinking of the middle is largely due to a recent rise in the share of women (who also represent a majority of college students) who identify as either liberal or far left. The share of female … Continue reading

Posted in Introductory Economics, links to my essays, Tyler Cowen is my Favorite Blogger | 24 Comments

Arguments for Liberty

That is the title of a new and recommended book. From my review: Arguments would make an excellent book of supplemental readings for a course in political philosophy. Such a course could use another supplement, consisting of readings of philosophers … Continue reading

Posted in books and book reviews, Libertarian Thought, links to my essays | 6 Comments

The Cato Institute on the Future of the Free Society

They write, We have reached out to leading thinkers and challenged them to answer the following questions: What are the most pressing challenges that free societies face in the coming years? What is the most important reason for optimism about … Continue reading

Posted in Libertarian Thought, links to my essays, Tyler Cowen is my Favorite Blogger | 5 Comments

Michael Mauboussin on Luck

A commenter recommended him, and I watched this video. Some interesting points: 1. As skill in an activity becomes more refined, differences in skill at the high levels tend to narrow. As a result, luck starts to play a relatively … Continue reading

Posted in books and book reviews, links to my essays | 12 Comments

My Review of Tyler Cowen’s Complacent Class

I conclude, there is an important category of people who are dissatisfied with the status quo and at the same time are averse to risk and to change. It is an interesting pathology, but I think it is misleading to … Continue reading

Posted in books and book reviews, links to my essays, Tyler Cowen is my Favorite Blogger | 13 Comments

Web Site Revamp

It will not affect this blog, but I am trying to better organize my overall web site. One step is to try to create a biographical page. One relevant bit, from a section on the evolution of my political beliefs: … Continue reading

Posted in links to my essays | 9 Comments

Taking Macroeconomics Backward Through Regression

Olivier Blanchard recently wrote that there ought to be two classes of macroeconomic models. Theory models, aimed at clarifying theoretical issues within a general equilibrium setting. Models in this class should build on a core analytical frame and have a … Continue reading

Posted in Economic education and methods, links to my essays, Mark Thoma is Indispensable, PSST and Macro | 4 Comments

Notes from the 2017 Edge Question

Folks were asked to name a scientific concept that deserves to be better known. Lisa Randall nominates “effective theory.” an effective theory tells us precisely its limitations—the conditions and values of parameters for which the theory breaks down. The laws … Continue reading

Posted in Economic education and methods, links to my essays, Three-Axes Model | 13 Comments

Reframing Financial Regulation

That is a new compendium from Mercatus. I wrote one of the essays, on risk-based capital. The way I see it, the main purpose of central banking and financial regulation is to try to allocate credit to uses favored by … Continue reading

Posted in books and book reviews, financial markets, links to my essays | 8 Comments