2012
1,181 posts
2012 1,181
December 2012
- Hail Bob Murphy
- My Inflation Bet with Bob Murphy
- Where Tiebout Goes Wrong
- Nominations for Top Economic Stories of 2012
- Predictions are Hard, Especially About the Future: California Edition
- A Question of War and Peace: Some Answers
- Bahrain Travelogue: Friendliest People on Earth?
- The More Parents Pass on Earning Power to Offspring, the Weaker the Argument for…
- Pinpointing Gun Households: A Research Idea
- How Would We Really Treat Mutants?
- Henderson on Stossel Pre-Election
- A Question of Educational Discrimination: Some Answers
- “Wholesale Bankruptcies” in Higher Education: I’ll Bet Against It
- Merry Christmas to All
- Payday for Behavioral Economics
- The Joy of Microwaves
- Expanding Megabanks: Is Impatience the Cause?
- Henderson on Zingales
- Henderson on Medicare: Bay Area NBC Affiliate
- Why Didn’t the British Empire Industrialize? Mark Koyama Edition
- A Question of War and Peace
- Free Speech for Me but Not for Thee: The Case of Erik Loomis
- Does An Increase in Supply Lead to Higher Prices
- Lincoln: Public Choice 101
- A Question of Educational Discrimination
- Why So Little Exploitation of Developing Countries?
- Update on OTC Contraceptives
- Postrel on Progress
- ELECTRICITY!
- The Case Against Education on Who You Know
- Independence and Growth
- Pre-Assimilation
- Betting: Automatic Weapons vs. Rental Cars
- Murphy on Frum and Global Warming
- Why are Economic Miracles Rare in Colonies?
- The Case Against Education: The Project Evolves
- The Economics of “Right to Work”
- Go Fight Some Real Crime: Why Doubling the Police Is Unreasonable
- The Folly of Obsessing over Marginal Tax Rates
- WSJ’s “Roll Your Own” Deficit Reduction
- Absurdities of the Tiebout Model
- Research Incentives: Milton Friedman on the Fed
- The More-Visible Are Property Taxes, the Lower they Are
- 10 More Things I Learned in My First 10 Years of Parenting
- When Taxes are Cut, What Does Regressive Mean?
- 10 Things I Learned in My First 10 Years of Parenting
- Blaming the Person Offering you the Best Deal
- Friday Night Video: Harvard Tries to be Hip
- Krugman: Only a “Small Piece” of the Tax Cuts Were for the Rich
- Blatant Incompetence
- School, Work, and Connections Bleg
- David Brooks’s Conservative Future Out of a Job
- Decadent Parenting
- Global Utilitarianism and Airport Security
- If I Were a Global Utilitarian…
- Kidphobia: Decadent, or Just Misguided?
- Roth Conversion Bleg
- Competition is a Hardy Weed
- How Many Bad Loans Did Fannie and Freddie Originate?
- Immigration Policy and the World Values Survey
- Ignatius Reilly on Character and Education
- Popcorn Pork
- Mr. Sumner Goes to Washington
- Reviewing Mark Zandi’s Newest Book
- A Critique of Wisdom
November 2012
- Friday Night Video: Privatizing Everything
- Revealed Preference
- The Respect Motive
- EconLog Book Club Round-up: The Autobiography of Malcolm X
- Terror Profiling
- The Autobiography of Malcolm X Book Club, Part 4
- My Election Outcomes: Final Update
- Will Profiling Even Work? A Supply-Side Perspective
- Carnegie on the School Ethic
- British Democracy and the Death Penalty
- Mark Carney: Like William of Orange, a Political Import
- The False Advertising of the CFTC
- Single Parenthood: The Reason Matters
- Eliminating Conscription in Singapore
- Voting, Public Goods, and Free Riders
- Driving the Cool Kids Out
- Hedengren’s Dog
- DeLong on Obamacare
- How I See Singapore
- Modelling the Marriage of High Virtue and Low Cunning
- How do you Sustain the Second Freest Economy in the World?
- Arnold Kling’s New Blog
- Joseph Schmidt and the Tragedy of Discrimination
- Immigration Charity Bleg
- My Election Outcomes: An Update
- TARP: A Gift for the Bondholders
- When to Trust Your Superiors
- Krugman on Scientific Method
- Prosecutorial Persecution
- Free Market Airport Security
- Would the Private Sector Make You Remove Your Shoes Before Boarding?
- Shadow Banking: Probably Bigger than you Thought
- Business Accountability: Good and In-Between
- The Mouse’s Power: Popularity or Cash?
- Some Unpleasant Immigration Arithmetic
- How Deep to Cut: A First-Pass Answer to Pearlstein’s Challenge
- Altering the Federal Debt Structure: Go Long
- California’s Laffer Curve: Playing with Fire
- Would the Private Sector Make You Wear an Airplane Seatbelt?
- What Makes People Think Like Economists About Inflation?
- John Kay on Manufacturing Fetish
- Correction: Total Government Spending on Higher Education
- Friedman on Immigration History
- The Coming Tax Increases
- Outsourcing My Critique of Left-Libertarianism
- Which hurts more in the short run, tax hikes or spending cuts?
- Center Libertarian?
- Brennan’s Libertarianism: What Everyone Needs to Know
- Learning and Retention in Medical School
- Coming ObamaCare Challenges
- Money Has Little Influence on U.S. Politics
- Higher Education: Time to Cut the Cord
- Social Intelligence: The Wisdom of Muawiya
- Intermediate Hypothetical Bleg
- Sailer on Fundamental Moral Obligations
- Immigration, Trespassing, and Socialism
- My Veterans Day Tribute
- Brinksmanship and the Obama-Bush Tax Cuts
- China’s Empty Cities: A Family Affair?
- Romney’s Get out the Vote Epic Fail
- We’re Going Too Far
- Barack Beane Obama
- A Question for Steve Sailer’s B-School Professor
- My Election Outcomes
- Reality Check
- A Bet I Forgot to Make
- William of Orange, Political Import
- Open Borders and Global IQ Bleg
- FDA Breaks Its Own Regulations
- Ohio and the Auto Bailout
- Self-Correction in Markets and Politics
- Tim Taylor on Minimum Wage Increase
- The Present Value of Learning, Adjusted for Forgetting
- Optimal Open-Mindedness
- Woodrow Wilson’s Public Choice
- Spontaneous Order in New York City
- TSA: A Slight Glimmer of Hope
- The Outlook for New York, Continued
- Henderson on Stossel
- You Should Repeatedly Read Cochrane’s “After the ACA”
October 2012
- Hayek and Hurricanes
- Why Is the National Return to Education So Low?
- Jeff Ely on Price Controls During Disasters
- The Outlook for New York
- Cuba to Open Its Border (Outwards)
- Economic Models of Education: A Typology for Future Reference
- On Speculation: BEST LETTER EVER
- Socialized Medicine Can Kill
- Why We Won’t Eliminate the Electoral College
- Did Nations that Boosted Education Grow Faster?
- Housing Bubble and Fraud
- Escaping Poverty: Your Friendly Advice
- A Bunch of Arguments in Favor of Regressive Tuition
- Bain Capital and the Decline of Galbraithianism
- My Visit to NASA
- Tribute to an Audience
- Firing Aversion: A Human Resources Perspective
- In Praise of Calibration
- Evil and Support for the Welfare State
- Is Fiat Money a Bubble?
- U.S. Executions Per Capita Have Been Falling for 400 Years
- Vipul Naik’s Analysis of the Open Borders Persuasion Bleg
- How Would a Georgist Single Tax Work in Monopoly?
- Mish Bet Update
- On Human Evil: Implications for the Welfare State
- Why Not a Free Market in Educational Loans?
- Bruce Bartlett’s Mistake
- Why I Love the Electoral College
- Two Verdicts on Two Replies to Two Replies
- Friday Night Video: Life Without Capitalism
- Bartlett on Romney’s Tax Plan
- CPI Bias and Experiment Bias
- On Human Evil (Economic Experiment Edition)
- As Goes Janesville
- Rigor, Math, and Numbers
- Does High School Algebra Pass a Cost-Benefit Test?
- Ethics, Legality, and Repugnance: This Year’s Nobel
- Some Men Just Want to Please the Experimenter
- The Wisdom of Prescott 2: Sales taxes=Labor Taxes
- Designing Men
- The Best Kinds of Free Education
- “Some Men Just Want to Watch the World Burn”
- True by Definition: Redistribution and Economic Freedom
- Obama’s War on Coal?
- Tax Rates, Efficient Government, and Jobs: Prescott’s Surprise
- Romney Tax Cuts: Income and Substitution Effects (Wonkish)
- Utopian Experimental Socialism
- Friedman on Chicago vs. Columbia
- The Autobiography of Malcolm X Book Club, Part 3
- Romney’s Tax Cut
- Turning the Camera: The Political Externalities of the Status Quo
- EconTalk: Russ and I discuss Fisher’s Debt-Deflation Theory
- How Stagnant Are We? The Results
- Josh Barro, Progressive Taxation, and Public Choice
- ACA: turning full-time jobs into part-time jobs
- Hanson on “Bankrupt California,” Part Two
- My WSJ Review of Flynn’s Are We Getting Smarter?
- Open Borders Persuasion Bleg
- Victor Davis Hanson on “Bankrupt California”
- National Egoism and Vronsky Syndrome
- Henderson vs. Woodruff on Immigration
- Bailouts are for Bondholders
- Overdetermination vs. Randomness
- Henderson on Landsburg’s “Armchair Economist”
- How to Pronounce Tiebout and More
- Can I Sit In?
- The Latest Unemployment Figures
- I Win My Unemployment Bet With Mike Shedlock
- BLS Data
- On Greece and Weimar: Self-Serving Statements Can Still Be True
- Henderson on John Goodman’s Priceless
- Tiebout Progressivity: That Didn’t Take Long
- Supermajority Rule: Buchanan, Tullock, Bernanke
- Last Night’s Debate on Health Care
- Why the GOP is the Bigger Default Risk
- Freakonomics on Shale Gas
- Welcome to Luigi Zingales
- Autobiography of Malcolm X Book Club Update
- Tough Luck: A Followup Conversation With Bill Dickens
- Treasury Bondholders: Winning in the Senate?
- Tough Luck
- Welcome, Luigi Zingales
- Robert Murphy: A New Result on Carbon Taxes
- Group IQ: One Source of Trustworthiness
- How Stagnant Are We? A Time Diary Self-Experiment
September 2012
- Welcome Back, McArdle
- The Wisdom of Commenter Greg G
- Is the Georgist Single Tax Pigovian?
- Ed Crane: An Appreciation
- Did the Dot.Com Boom Boost GDP Much?
- Gilens vs. the Political Externalities of Immigration
- How Much do 99 Weeks of Unemployment Benefits Raise the Unemployment Rate?
- Affluence, Erudition, and Influence
- The Bottom One Percent
- Speed Bankruptcy: Half a Loaf is Better than Justice
- Markets for Everything: Bumping MIT Students
- Sheila Bair, former FDIC chief, on Secretary Geithner
- Hoisted from the Comments: Is European Progressivity Tiebout?
- Why Obama Will Be Re-Elected
- Incorruptibly Evil
- Somin on Libertarians and Jim Crow
- Econ Blog Humor
- Why Is Democracy Tolerable? Evidence from Affluence and Influence
- Milton Friedman on Segregation
- Will ACA’s cost-cutters outcut private insurers?
- Libertarians and Jim Crow Bleg
- Of Monkeys and Micro
- Arnold Kling on “Libertarians and Group Norms”
- A Free Market in Health Care
- Can Progressive Taxation Survive Exit?
- Vipul Naik and the Priority of Open Borders
- Goodwin’s Economix: A Graphic Novel
- Krugman Discovers Life Cycles
- Net Worth Makes You Trustworthy
- Long-Run Unemployment at Low Inflation: Dourado vs. Akerlof-Dickens-Perry
- How to bet on bad futures
- Do Indians Rightfully Own America?
- Will False Belief in the SIVH Destroy Obama’s Candidacy?
- Will False Belief in the SIVH Destroy Romney’s Candidacy?
- The economists’ alternative to bailouts
- You Might Be Signaling
- Woolsey and Sumner on QE3
- Rafat Channels Tullock, Kuran, and Sunstein
- Bad balance sheets: Awful for retail demand
- The Debiasing Dollar: How to Get Markets in Everything
- How Economists Helped End the Draft
- Questions I’ve asked
- Malcolm X and the Economics of Crime
- Friday Night Video: Tim Groseclose on the Laffer Curve
- Questions for Austrians
- Future money and today’s NGDP
- The Autobiography of Malcolm X Book Club, Part 2
- Sumner Channels Yglesias Against Jones
- Degree Pollution: Why subsidize it?
- How Does Belief in the Signaling Model Affect Educational Attainment?
- Feldstein and Rosen on Romney Tax Cut
- Bubbles: Who to blame?
- Debt: The Stickiest Price of All
- Thomas Szasz: A Life Well-Lived
- Social Desirability Bias vs. Intelligence Research
- Individualism: True and False
- The Meaning of Cheating
- Trustworthiness > Trust
- First Things
- Garett Jones on Krugman
- Welcome Guest Blogger Garett Jones
- Two More Hanson Posts
- Ronald Hamowy, RIP
- Social Security: The Importance of Being Unimportant
- The Tautological Fallacy
- Blahous on Social Security
- The Metaphorical Fallacy
- Name Robin’s Creatures
- Biden Calls for Free Market in Health Care
- Austrian Myside Bias
- Milton Friedman on Raising Tuition
- Dan Klein on the Econ Profession
- Cristina Saralegui, The Dems, and The Reps: Multiple Ironies
- Wanted: Counterexamples to Klein’s “Forsaken Liberty Syndrome”
- Next Malcolm X Book Club 9/14
- Are Austrians Anti-Empirical?
- Gordon on Growth: Parting Thoughts
- Marginal Revolution University
- The Temptation of Discrimination
- Gordon on Growth: A Critique
- The Public Goods Model vs. Social Desirability Bias: A Case of Observational Equivalence
- The One Blameworthy Lifestyle
- A Relook at Enron
- My Talk at Middle Tennessee State University
- Robert J. Gordon on Growth
- GOP: Grand Old Politburo
- My Speech at Berry College
- The Federal Reserve as Central Planner
- Stanley Lebergott: A Tribute
August 2012
- “You Didn’t Build That”
- Why Do Slaves Cost Money?
- Conard on Trade and the Trade Deficit
- Indian Fertility: A Bet With John Nye
- DeLong vs. Feldstein on Romney Tax Cuts
- Thoughts on Dickens
- Reply to Bill Dickens on Poverty: Part 1
- Household Incomes Declined During Recovery
- Optimizing Your Family Size in Real Time
- Discrimination, Liberty, and the Sorites Paradox
- Bill Dickens Responds on Poverty
- Gains from Exchange
- U.S. Federal Budget Cuts in the 1990s
- Eubulides, Wilkinson, and Discrimination
- The Auto Boom: Healthier Economy or CAFE?
- Were Exports to Devastated Economies an Important Cause of the Post World War II Boom?
- My Last Post
- Changing the Corporate Form of Organization
- Hardline Libertarians?
- Goolsbee on Romney’s Tax and Budget Plans
- The Autobiography of Malcolm X Book Club, Part 1
- Lee Ohanian on the Great Recession
- Jenkins on CAFE and GM
- Failure to Arbitrage: Gasoline Markets
- The Latest Batch from the NBER
- How Yglesias Channels Bastiat
- Autobiography of Malcolm X Book Club Update
- Hans Rosling and the Washing Machine
- Living in Bubbles
- Low Transfer of Learning: The Glass Is Half Full
- The Subtle Value-Added of Frederic Bastiat
- Yglesias’s Off-Target Critique of Caplan and Bastiat
- AA at TJ Redux
- Nizer on Fascism and Communism
- The Great Factor Substitution
- Coming Apart Watch
- Civil War Watch: Sentences to Ponder
- Think Tank Rumors
- The 1960s and Today
- Who To Blame: Generalizing Brennan
- How Not to Be a Pacifist
- The Great Unmentionable
- Making Populism Serious: The Case of Social Security
- Atul Gawande on Health Care Administration
- The Mind and the Market
- Civil War Scenarios
- Who Loves Bastiat and Who Loves Him Not
- Ethel Rosenberg: Born Bad?
- GMU vs. Chicago
- Brink, Me, and Human Capitalism
- Paul Krugman Chooses a Word Carelessly
- Bastiat’s “What Is Seen and What Is Not Seen”: Who Says “Meh”?
- Can America Learn?
- Speaking of Foreign Languages
- Harry Byrd on Keynesianism
- Are Monolingual Americans Missing Out?
- Competitive Government
- Thoughts on Second Language
- Price Discrimination Explains Everything
- The Degree and Origin of Foreign Language Competence
- The Numbers Speak: Foreign Language Requirements Are a Waste of Time and Money
- Greenspan Embraces “Regime Uncertainty” Explanation
- Randal O’Toole on Housing
- The President’s Roanoke Speech
- Why Repo Exists
- Brink Lindsey, in case you missed it
- Human Capitalism: Comments on Brink Lindsey’s Draft
- China’s Economic Growth
- Was Roosevelt the real Hoover?
- Status Quo Bias and Conformity Signaling
- Classifying a Helicopter Drop
- Austro-Keynesianism
- The Rip Van Winkle Effect
- The Interaction Between Status Quo Bias and Signaling
- Getting Rich in America
- Fed Forecasting Errors
- Friday Night Video: Henderson on His Case for Freedom
- Stocks: the Long-Term Outlook
- Spending, Comparative Advantage, and Unemployment
- What It Takes to Pop a Higher Education Bubble
- The Case for Government
- Autobiography of Malcolm X Book Club?
- Are You Asking or Telling?
- Gillespie and de Rugy on Generational Warfare
July 2012
- Nominal Rigidity of What?
- Politics Channels Hatred
- Memories of Milton
- An Ode to Milton Friedman
- John Taylor vs. Ryan Avent
- Landsburg on Median Income
- Evan Soltas on the Great Factor-Price Equalization
- Bill Dickens on Me on Poverty: A Rejoinder
- Reforming Government as an Institution
- Enrico Moretti on Mobility
- Bill Dickens on Me on Poverty
- Henderson on Cronyism
- Gary Gorton’s forthcoming book
- IGM, Economic Consensus, and Partisan Bias
- Brink Lindsey’s New eBook
- Does Import Dependence Make Us More Vulnerable?
- The Fallacy of Dulling the Pain of Poverty
- What Did You Learn in Business School?
- Alan Blinder: Banks Don’t Pay Taxes
- The Magic Solution of Devaluation
- Poverty and Behavior: Generalizing Yglesias
- Capital One’s Actuals
- Avent and Yglesias Reinforced
- Arnold’s Hypotheticals
- Defining Voluntary Exchange
- Some Economics of Sanctions on Iran
- Popular Resistance to Cost-Effectiveness Research: Two Stories and a Challenge
- Bike Rental vs. Car Rental
- The Relevance of the Religious Hypothetical
- Religion and Consumer Protection
- Behavioral Politics
- The Economics of the Olympics
- The Upper Hand Heuristic
- What Could Go Wrong?
- Mainstream economists agree that we are Greece
- Does Peggy Noonan Understand Comparative Advantage?
- California: Land of the Free
- Would Arnold Support an RFPB?
- Education and Disruption
- August 1: Freedom for Western Canadian Wheat Farmers
- Peter Thiel’s Question
- Thiel, Schmidt, and Consumption-Biased Technological Change
- Hummel on Graeber
- Capital One vs. CFPB, again
- Ray Fisman on Structural Unemployment
- Fraud, Preferences, and Paternalism
- Social Darwinism vs. the Economic Way of Thinking
- Good for the consumer financial protection board
- Unintended Consequences of Intervention
- Olivia Fox Cabane on Charisma
- How I Love Education
- Mitt Romney’s Passion
- The Centrists Attempt to Regroup
- Markets Don’t Ration
- The Contributions of William T. Dickens
- Ezra Klein: Pass Laws, Be Productive
- David Brooks Repeats Himself
- Sumner’s Common Sense
- Arnold on the Current State of Computers in Education
- From the Vault: My First Debate in Print with Paul Krugman
- I’m Telling
- If I Were on the Left
- Computers, Education, and Comparative Advantage
- What Would Efficient Sexual Harassment Law Look Like?
- A Short History of Gasoline Price Controls
- Moral Authority, Continued
- Online Education: The Rationale for the Revolutionary Definition
- Stossel on Jobs
- Flat-of-the-curve in Education?
- A Thought to Ponder
- Robert Murphy on Global Warming
- My Grad School Entering Class
- Local Knowledge and Mortgage Lending
- A Controversial Issue Resolved With Econometrics
- Does Econometrics Resolve Issues?
- Part-Time Jobs and Climbing Trees
- The Moral Authority Test
- A One-Penny Proof
- Thomas Ricks’s Fiasco
- The Selgin-Sumner-Tobin Model vs. PSST
- Ask a Martian Sociologist: What Does American Education Say About the American Labor Market?
- Henderson on Robert Guest
- Jobless Science Ph.D’s
- Tipping, Status, and Signaling
- Kahneman on the Crash
- The Status-Good Model of College
- The Future of Online Education: Three Competing Perspectives
- Up From Poverty
- Barro on Marginal Utility and Wealth Transfers
- Pepconomics
- Employer Tyranny vs. Guaranteed Freedom
- The Debt-Fueled Binge Story, Keynes, and PSST
- Be Careful What You Wish For – You May Already Have It
- A Paragraph to Ponder
- Savings, Genes, and Fade-Out
- Joffe on LIBOR
- Tone vs. Substance
- Adam Smith on U.S. Independence
- Jersey Shore, Emily Whitehurst, and Merit
- Employer Tyranny
- Vietnam’s 300 Days of Open Borders: Operation Passage to Freedom
- McKenzie’s Defense of Apple
- The Perfect Gift
- Optimal Openness
- It Lost 244% of Its Value? Impossible
- Basic Research Does Not Equal Technology
- What John Roberts and Ben Bernanke Really Have in Common
- Henderson on Shiller
- The Party Line Continuum
- Eurozone: Markets Applaud Latest Can-Kicking
June 2012
- The Drop in Home Equity
- Opening Minds, Closing Minds
- The GSS and the Political Externalities of Immigration: A Guest Post by Sam Wilson
- The Curious Ethos of the Academic/Appointee
- Would Conscription Reduce Support for War?
- Jonathan Rauch is Uncharitable
- Education and Option Value: A Conversation With Virgil Storr
- Did the IGM Reject Laffer Optimism or Old-School Keynesianism?
- Where Are We on the Laffer Curve?
- PSST: Work-Sharing May Not Work
- Evil Exceptions
- Changing World Trade Patterns
- What Arrow Said About Education in 1973
- Mexico’s Economic Growth
- I Flunk Horwitz’s Doonesbury Contest
- Eurozone Crisis: what is the solution?
- Real Subjects Have No Arbiter
- Taking Lousy Government for Granted
- Priceless Economics
- Marco Rubio: Trade Agreements Are About Producers
- The Case for a Strong Government Auditor
- Friday Night Video: Greed Is
- Final Reply to Ridley
- I Come Cheap
- Anna J. Schwartz, RIP
- Steve Chapman Publicizes My Bet
- Rejoinder to Ridley on Innovation and Population
- A Fiscal History Lesson
- James Manzi on Stargazing
- Ridley, Simon, Population, and Innovation
- My WSJ Review of Born Together – Reared Apart
- Rick Berman: Mercenary/Hero for Freedom
- Tyler Cowen’s Column, Again
- The Pageant of World History vs. Wikipedia: The Case of Mussolini
- Jose Antonio Vargas Is Sadly Ineligible for Semi-Amnesty
- Deirdre McCloskey Throws Down the Gauntlet
- Of Honor Codes and Social Contracts
- Krugman on Inflation
- Sentence to Ponder
- Tyler Cowen writes for the NY Times
- Perspective on the Eurozone Crisis
- Nullification or Nothing
- Six Theses on Extremely Unjust Laws I Dare You to Dispute
- David Stockman’s Time Horizon
- The Sector with the Sticky-Wage Problem
- Executive Nullification
- Is Obama’s Semi-Amnesty for Real?
- Friday Night Video: Liberty as Collateral Damage
- Merit, Ethics, and Reward
- Exit and Voice in the Workplace
- Burrus and Merit: Final Thoughts
- Awaiting Comments from Scott Sumner
- Tear Down These Walls
- Does Portugal Show the Signaling Model Is Wrong?
- Wal-Mart’s Positive Effects
- The Big Gulp Ban
- Elinor Ostrom, RIP
- Trevor Burrus, I Want to Convert You to Meritocracy
- Toga! Toga!
- Rejoicing Over Class Cutting
- College and Class Identity
- A Puzzle for Human Capital Extremists Revisited
- Gerald Prante on Means-Testing
- The Meritocracy of Liberty: Why Trevor Burrus Should Become a Meritocrat
- Replies on Means-Testing
- Matt Zwolinski on Sweatshops
- Means Testing Isn’t “Awesome”
- Means-Testing and Political Economy
- Is Labor Law More Oppressive for Workers than for Employers?
- If You Don’t Like It: Reply to Some Comments
- You Come to Resemble Your Customers
- If You Don’t Like It
- Do Economists Study Money?
- The Bankers’ View
- Outside Offers, Matching, and Discrimination
- From Cheating to Signaling
- The Political is Personal
- The Return to SAT Preparation Classes
- Pooling Risks
- Firing Aversion: A Cross-Cultural Study
- Vignettes from the Harold Demsetz Conference
- James W. Ceaser on the Constitution
- Tyler Momentarily Embraces Signaling
- Two Improper Concepts to Measure
- Vocational Education: Do Students Suffer in the Long-Run?
May 2012
- John Mueller on Port Security
- 1>0, and Other Thoughts on Apprenticeships
- Really???
- Andrew Lo, JP Morgan, and PBR Audits
- Firing Aversion Bleg
- Somin on Extremer Extremists
- Summers Joins FIRE
- The Problem with Wikipedia
- Steven Chu vs. Bernie Madoff
- Random Thought
- A Signaling Theory of Suboptimal Telecommuting
- The Energy Loan Scandal as a Non-story
- Wikipedia’s Error on the Dismal Science
- The Extremer Extremists
- Great Moments in Numeracy: LBJ’s Odds of Becoming President
- A Memorial Day Appreciation
- Audits and Principles-Based Regulation
- Edward Glaeser on GSE Reform
- More Comments on Principles-Based Regulation
- Jerusalem: Chronicles from the Holy City
- Sentences to Ponder on the Eurozone
- Caplan v. Murphy on Paul: Getting to Bet
- The Economics of Sanctions on Iraq
- Eugenics and Man at Yale
- Friday Night Video: Markets Breed Virtue
- My Review of James Manzi
- Do College Students Get a Bad Break from Adjuncts?
- The Anti-Mandel
- The Terrorist Contradiction
- PBR, once again
- A Neglected Private Benefit of Education
- Quotations from Alice Rivlin
- The Importance of Nirvana
- The Freedom to Disown
- Principles-Based Regulation
- Ron Paul’s Revolution
- Sidney Winter’s Case for Government Intervention
- The Top 0.1 Percent Responds to Incentives
- Market Failure: The Case of Organic Food
- A Question of Principle?
- TSA: Thieves Sacking Americans
- The Ethos of Arthur Brooks
- Friday Night Video: The Joy of Capitalism
- Would a World Plebiscite Lead to Open Borders?
- The Morality and Legality of Unpaid Internships
- The Road to Freedom: Bumps and All
- The Good and the Bad
- Timothy Taylor on Health Care Spending in the U.S.
- Arbitrary Intervention
- Ron Paul vs. the Median Voter Model
- Thoughts on Spain
- Durability vs. Stability: The Kim Dynasty and the Stationary Bandit Model
- Are Unpaid Internships Immoral?
- Criticizing Your Own Side
- I Do Not Like Big Banks and Government
- The Kim Dynasty vs. the Stationary Bandit Model
- Financial Advisor
- David Andolfatto Questions the Narrative
- Why Applicants Don’t Volunteer Their Test Scores
- Occupational Licensing
- Timothy Taylor on Editing Economists
- Baiting Garett Jones
- Breast Milk, Twins, and Outcomes: A Difference-in-Differences Approach
- Bob Murphy’s Critique of Bill Nordhaus
- Education Signaling in China
- Does Facebook Restrict Liberty?
- Teen Pregnancy
- Wax’s Behavioral Economics of the Family
- Morning Roundup
- Cartel Federalism
- Redo of Proposition 29 Tax Calculations
- Why Don’t Applicants Volunteer Their Test Scores?
- Economic Analysis of Prop 29
- Brad Plumer, meet Bill McBride
- Eugenics, Malthusianism, and Trepidation
- Group Affiliation Bias
- Regulation Matters More than Taxes, According to Study
- Schooling, Income, and Reverse Causation
- Is Cybersecurity a Public Good?
- Are Resources Exhaustible?
- Online Education: The Best-Case Scenario
- Bet for Brooks: No Education Tsunami Is Coming
- Another Reason to Distrust Non-profits
- Notes on the “campus tsunami”
- Chris Edwards on Time-Inconsistent Fiscal Policy
- Mankiw’s Missing Solution
- Gray on Haidt
- The Bettor’s Oath
- Curley Effect in California
- Diamond Age Watch
- Unrealist Foreign Policy
- Paul vs. Paul
- Let the Spinning Begin
- Social Justice of the Gaps
- The Top 0.1 Percent
- What I’m Saying
- Bleeding-Heart Libertarianism: Stephen Hicks Weighs In
- Immigration, Skill, Efficiency, and Quotas: A Conflict of Economic Intuitions
- What I’m Reading
- The Able Slave
- George Stigler on Prisons
April 2012
- Peter Thiel on the Founding of Companies
- The Bottom One Percent
- Garett Jones Blogs
- My Thoughts on Technology and Government
- Bleeding-Heart Libertarianism and Its Critics: Preliminary Mediation
- David Friedman on Bleeding Heart Libertarianism
- The Fissaparous Libertarians
- Highlights from “Does Technology Drive the Growth of Government?”
- A Better Analogy for David Friedman
- Bernanke: Turning Japanese
- Conversation with Ben Casnocha
- “Does Technology Drive the Growth of Government?” Bleg
- Did U.K. Double Dip Prove that Austerity Didn’t Work?
- Consumer Surplus: Slam-Dunk Example
- The New Geography of Jobs
- Feeling the Haidt
- Off Topic, But
- Is Bleeding-Heart Libertarianism Evil?
- The Virtues of Price Discrimination
- The Argument from Hypocrisy
- Economists on Health-Care Licensing
- Helping Mortgage Borrowers, Revisited
- Calvin Coolidge Channels Lysander Spooner
- Why Are Donations to Government So Small?
- Scandlen on Individual Insurance
- Alternative to Charles Murray
- Voluntary Taxes and the Relevant Margin
- John Cochrane on Taxes
- Why Take Yoga Classes?
- Monetary Policy: Giving vs. Buying Redux
- Self-Recommending could-have-been
- Ideas Have Consequences, Valeria Edition
- Blinder on Health Care
- Peter Thiel on Business
- Robin Channels Epicurus
- Watch Your Ratios
- In Person
- Illustrated Primer Watch
- The “Buffett Rule’s” Marginal Tax Rates
- Interest Rates: The Strange Interlude
- How “Ethically Risky” Is Creating a Life?
- What I’ve Been Reading
- Would Posner and Weyl Ban Gambing–and Tennis?
- The Crisis Response Worked Wonderfully
- The Behavioral Effects of “Catholic” versus “Protestant” Ethics
- Libertarian Schisms
- “Catholic” versus “Protestant” Ethics
- Model Forecasting Performance
- Educational Counter-Signaling Bleg
- From the weekend’s op-ed pages
- Robert Caro’s Hands-On Discovery of Public Choice
- New Thinking in Macroeconomics
- Signaling Versus Educational Innovation
- Ron Bailey on Confirmation Bias
- Stating The Problem: First Attempt
- Cowen on College Subsidies
- James Surowiecki on Medical Tourism
- The Psychology of Theft
- Questions at a Conference on Financial Regulation
- My New Hero and New Villain
- The Intellectual Danger of Label-Avoidism
- Intellectual Ability and Educational Difficulty
- Not Necessarily Bad News
- Is Rising Education a Symptom of Progress?
- The Ten Pillars of Economic Wisdom
- Economic Activity, Outsourcing and Cities
- Are Political Labels Uniquely IQ-Draining?
- My Review of Groseclose’s Left Turn
- Confidently Uncertain
- The Liquidity Crisis Story
- In Vino Hateful Ranting?
- Concentrated vs. Dispersed Interests
- Private-Sector Urban Renewal
- The 2012 Vote That Really Matters
- The Wise Pluralism of David Friedman
- Tyler Cowen on Stories
- I Doubt the Business Model
- Consistency and IQ
- Do Labels and Good-versus-Evil Stories Drain IQ?
- Should Medicare Be Cut?
- Gains from Exchange
- This is Your Mind on Politics
- Britain in the 1840s
- Mainstream Views of School Vouchers
- Unbroken–and the Bomb
- What I’ve Been Reading
- Check Your Base
- Obama is a Social Darwinist
- Passover Thoughts
- Local Knowledge in Monterey
- Face-Saving and the Business Cycle
- Econ Bloggers in Kansas City
- Political Economy of the Zero Bound?
- I Was a Chinese Laborer
- The New Yorker on the Ethics of Fertility
- Introduction to Microethics
- Two Ways to Look at Wage Behavior
- What I’m Reading
- A Guide to Budget Rhetoric
- Smoking, Evolution, Contraception, and Shoes in Living Room
- The Idea Factory
- Cities and Governance
- Tyler Cowen on America’s Future
- Weighing the Coerciveness of Marital Law
- Of NWW and Fukuyama
- Evolution and Economics
- All-Volunteer Matrimony
- Happy April Fools Day
- My Tribute to Bill Niskanen
March 2012
- Fukuyama on Acemoglu/Robinson
- Free for Now
- My Review of Bruce Bartlett
- Planning for the Unpleasant Future: Private vs. Public
- Brief Notes from Kansas City
- Krugman on Supreme Court Reasoning About Health Insurance
- Ed Glaeser on Job Creation
- Timothy Taylor on College Loans
- Tyler’s Telling Question About My Education Book
- David Autor Signals Wit and Insight
- I Believe These Are Related
- Friday
- Is the Pool of Liberty Drying Up?
- The Banality of Leninism vs. the Wisdom of Acton
- DeLong and Summers
- Some Observations About Firing
- Why They Haven’t Been Fired
- Henderson and Gochenour on “Presidential Greatness”
- Mingardi on Hayek
- If the Mind Is a Muscle
- George Selgin on “The Bernank”
- Why Haven’t They Been Fired?
- The Unsung
- We Are So Different
- The Problem with a Variable Tax on Gasoline
- Unintended Consequences of Government Regulation, #93621
- Leveraging and De-leveraging
- Nordhaus’s Global Warming Graph
- Bob Murphy on the Heartland Institute
- Neuroscience and Ethics
- The Awful Mill
- Notes on the Phillips Curve
- Michael Mann: I Don’t Argue
- Table of Contents for The Case Against Education
- Gasoline “Demand:” Find the Flaw
- The Thai Economy
- Licensing and the Return to Education
- Murray’s WSJ Solutions for the Formerly-Known-As-Working Class
- Potential Output Straw Man
- An Early Stanley Fish Moment
- My Comments for Haidt
- David Friedman on Nordhaus and Boyer
- The Speculator of Last Resort
- Rand on Totalitarian Motives
- Some Notes from Haidt
- The Banality of Leninism
- Stanley Fish: “Might Makes Right”
- The Authority of Ben Bernanke
- Public Radio International Retraction on Apple Working Conditions
- Scott Sumner on The Great Stagnation
- Thinking about Think Tanks
- Inequality and Status
- Open Borders: The Website
- A Non-Keynesian Turing Test
- Sunk Cost in War
- Quietism and the Bubble
- Another Must-Read
- Conversational Evidence on Tax Rates and Labor Supply
- Conversational Evidence
- More Classic Jeffrey Friedman
- The Evolution of Macroeconomics, Part Two
- Crosstalk on Financial Regulation
- A Libertarian Defense of Blacklisting at The Nation
- Diamandis and The Diamond Age
- Property Rights ARE Human Rights
- Reciprocity and Irony: A View from My Bubble
- New Commanding Heights Watch
- Matt Yglesias on Urban Development
- Compromise and Priorities
- Losing Ground, The Bell Curve, and Coming Apart: A Reconciliation
- Gold and Oil Prices
- Review of Why Nations Fail
- James Manzi Watch
- The Affiliation Heuristic, Continued
- Does Obama Bear Responsibility for the Increased Gasoline Price?
- Crowding In
- Real Austerity
- My Beautiful Bubble
- Discussing Charles Murray
- The Predatory Lending Fallacy
- Today’s Employment Report
- Lis Wiehl: Begging the Question on Prostitution
- The Affiliation Heuristic
- Minimum Wage: Charles Murray Surrenders
- The Solutions Murray Should Have Proposed
- Downton Abbey
- The Bailouts and the Economy
- Cato and the Kochs, Take 3
- Videoconferencing and Health Care
- Tell Me the Difference Between Jim Crow and Immigration Restrictions
- Timothy Taylor on Long-term Unemployment
- Thomas Sowell on the Koch, Cato Controversy
- Serfdom Watch
- Another Take on the Soap Opera
- The Age of Contestability
- Dinner with James Manzi
- Paul Krugman on IS-LM
- Timing the End of the Liquidity Crisis
- Allowing A Positive Price for Kidneys Would Reduce Their Implicit Price
- Bruce Schneier’s Latest Book
- Fund-Raising and the Independent Scholar
- The Koch Cato Affair
- Fisker Update
- Various
- Was the 2001 Tax Cut Regressive?
- Hal Varian
- Podcasts
- Retired U.S. Admiral: Iranians are Human Too
- Goldin-Katz and the Education Plateau
- Tear Down These Walls
- The Myth of the Education Plateau
- The Latest Literature
- De-Materialization
February 2012
- Diamandis and Kotler
- Sumner on the Mystery of Bernanke
- Planned vs. Emergent
- “The Case Against Education” Webinar Tonight
- The March Issue of Reason Magazine
- What Is the Female Marriage Penalty?
- Peter Thiel on Regulation and Progress
- Solar Power Update
- The Chetty Teacher Study and the Hill Criteria
- What Is the Male Marriage Premium?
- Test the Predictions – Or Check the Assumptions
- Schools of Macro
- Is Repo Lending Inherently Unstable?
- Microcredit versus Immigration
- The Elusive Pricing Model for Journalism
- O’Reilly and Dobbs to Obama: Be More Socialist
- Charles Murray Watch
- Discussing Innovation with Alex Tabarrok
- Foreclosure Paperwork
- How Real Wage Increases Have Been Understated
- Charles Murray Watch
- Headsets
- Griswold on Immigration and the Welfare State
- Life Among the Thetes
- Cato Journal Immigration Symposium Round-Up
- Mmt
- Another Book Review
- Tattoos and the Labor Market
- Bryan and Scott respond, sort of
- An 84-Word Reply to Arnold
- Huemer at TEDx
- Maladjustment
- Refuted By Events
- Sharks–or Angels?
- Segregation
- When to Be Meek
- Richard Epstein on Charity and Health Care
- Grouchy Book Reviews
- Is the NAIRU 8.5 percent?
- My Interview at Rockford College
- What Bernanke Needed
- The Mystery of Bernanke Solved
- The Political Report of the President
- Brown M&Ms and Hotdogs
- A Perverse Incentive for Graduate School
- Adaptation and Economics
- Nick Rowe’s Continuity Question
- Zwolinski, the Drowning Child, and the Good Samaritan
- Did Napster Reduce Music Quality?
- How Legal Is Free-Range Parenting?
- The Orphan Not Adopted
- The Hill Criteria and the Stimulus
- Imagine Grateful Welfare Recipients
- Rand vs. Human Weakness
- Japanese Voluntarism to Solve Social Problems
- What If the Stranger Is a Drowning Child?
- Krugman, Human Weakness, and Desert
- Problems with Henry George’s Single Tax
- A Search-Theoretic Critique of Georgism
- Conversation with David Weinberger
- How to Cut the Cost of Contraceptives by Regulating Less
- Regional Variations in the Recession
- Revisiting Goldin and Katz
- The Boudreaux Plan to Save the NYT
- Obamacare Shortages: Why Aren’t We Going Sputnik?
- The Optimal Scapegoat
- Limited Liability and Banking
- Happy Birthday, Eugen and Julian
- What is Bernanke Saying About Housing?
- The Puzzling Ethics of Emergency Care
- File this Under Charles Murray Watch?
- Match the Passage to the Book
- Ozimek on the Sheepskin Effect
- Rent Control
- W. Allen Wallis: An Appreciation
- Wealth and the Output Gap
- Another Frustrating Education Study
- Timothy Taylor’s Instant Economist
- The Career Consequences of Failing versus Forgetting
- A Brief Letter on Signaling
- How Deserving Are the Poor? Debate Wrap-Up
- Notes from the Welch-Goldberg Show
- Fiscal Federalism’s Failure
- Kevin Carey on Innovation in Higher Education
- Being Single Is a Luxury
- Murray, Frum, and the Hurricane Analogy
- Who Cares About the Poor?
- Break the Buck!
- Michael Munger on Self-Interest
- Don’t Judge a Scholar By His Deals
- Is Iran a Threat?
- What Happens When Signaling Gets Cheaper?
- Economists’ Self-Conception
- Does Drawdown of Savings Explain the Postwar Miracle?
- The Deal Delusion
- Lessons from Solyndra
- Signaling and Costs
- Signaling and Vicky Clubs
- Supply, Demand, and Outcomes
- The Austerity of 1946
- Simpler Frank Knight
- Segregation
- Five Myths About Free Markets
- French versus American Parenting
- Naming the Puppy: Firing Aversion and the Labor Market
- Corporatism
- No Scott, the future is Portugal
- Good Sentences
- My University of Rochester Talk
- The Wisdom of Robin Hanson, #n
- My PSST Papers
- My Two Favorite Graphs From Coming Apart
- My PSST op-ed
- The Case for More Skilled Immigrants
- Concerns with the CBO
- “How Deserving Are the Poor?”: My Opening Statement
- Rena Henderson on the Komen Controversy
- Kling on Charles Murray
- Catch Them Doing Something Right
- What’s So Special About Huemer’s New Book?
- My Hoover Talk Today: Live Stream
- David Brooks on Charles Murray
- A Phony Right: My Letter to the Monterey Herald
- A Freedman’s Moral Intuition
January 2012
- Arnold and Education: Getting to Bet
- Report on the Austrian Economics Conference, 1975
- Name Michael Huemer’s New Book
- Per Request: Podcasts
- Betting Indicators
- Michael Greve on Fiscal Federalism
- Bet for Arnold: Education Is Stably Wasteful
- The Education Revolution
- Social Capital, Property Values, and Salam
- Adam Davidson Turns Mercantilist
- An Answer to a Monetary Riddle
- Taylor Rules
- Freddie Mac and Inverse Floaters
- Two New Blogs
- Alex Tabarrok on Innovation
- The “Bubble:” How a High-School Dropout Taught Me Capital Theory
- De-fund College Libraries
- Life in the Bubble
- The Bubble Quiz
- The Prospects for a U.S. Default, Continued
- Why Should We Restrict Immigration?
- An Empirical Disagreement
- A Different Mr. Negative
- Discontinuity and the Real World
- Discontinuity, Revisited
- Wing-Walking Revisited
- Educational Disintermediation
- Caplan-Smith GMU Debate: “How Deserving Are the Poor?”
- One-Sentence Tax Reform
- Nominal GDP and PSST
- PSST and Recovery
- Nominal GDP and Employment
- Gridlock vs. Compromise on the Deficit
- Murray’s Blind Spots
- A Little Optimism from Walter Block
- Thoughts on Education Reform
- The Economists We Have
- Antitrust Kills
- The Business Reporters We Have
- Mainstream Views of the Gold Standard
- The College Premium vs. the Marriage Premium: A Case of Double Standards
- Quiggin on the Caplan-Quiggin Bet
- A Default Scenario
- Economists and Influence, A Depressing Take
- Krugman’s Evidence for Ricardian Equivalence
- A SOPA Analogy
- Financial Regulation: Three Confirmations
- Why Health Care Costs are Hard to Reduce
- Jeff Tucker on Intellectual Property
- Shocks and Deficits
- The Optimal Capital Gains Tax Rate is Below Ten Percent
- The Present Value of a Sheepskin
- Me on Stossel: The Video
- Ferguson on Murray
- The Constitutionality of Useless Regulation
- Tell Me the Difference Between My Lai and Hiroshima
- Jeff Sachs is Right–and Misleading
- Health Care Costs are Hard to Manage
- Making Taleb’s Point
- Blogs, Journals, and Economists
- Nassim Taleb on His Next Book
- Henderson on Stossel
- Tyler’s Embarrassing Question and Major Concession
- A Shortage of Safe Assets?
- Education and Cartel Membership
- Great Stagnation or Great Vacation?
- Moneyball
- Saving and Investment: My (Keynesian) Take
- An Optimist’s Take on Charles Murray’s Coming Apart
- Ludwig von Mises on Entrepreneurs Under Socialism
- Seven Myths about Free Markets
- Euro-Optimism
- Re-Org Proposal
- No Comment
- The MIT Connection
- We Are All Austrians Now?
- We are All Sumnerians Now?
- Business Experience
- Access to Academic Research Papers
- Real Real GDP
- Why Derivatives?
- Don Lavoie on Soviet “Growth”
- Easier to Break than to Fix
- The AI Cure
- For Students
- Planets, Life, and the Fermi Paradox
- The Real Concentration of Power
- Tevi Troy on Think Tanks
- Caplan, Kahneman, Bastiat, and the First Amendment
- What is a Structurally Impaired Job?
- Give Me A Dozen Examples
- AEA Panel on Economics Blogging
- What Banks are (not) Doing
- The Case for a Re-org of the Executive Branch
- Don Lavoie on the Socialist Calculation Debate
- Capitalism Without Capital
- The Demented Pacifism of Irving Fisher
- Return to “What Could President Paul Actually Do?”
- Why Foreclosure Prevention is Not Helpful
- The Great Transformation
- Eureka! Economic Illiteracy as Mental Substitution
- Mitt Romney on Mercantilism
- Today on the Eurozone Crisis
- Kahneman, Mental Effort, and the Scary Parole Study
- An Answer to Truman’s Prayer?
- Bryan Caplan on Income Inequality
- Devaluation and the Real Exchange Rate
- Mark’s Monetary Matters
- Wilkinson, Rogoff, and the Presumption in Favor of Economic Growth
- How Egalitarianism Increases Inequality
- Sylvia Nasar’s Grand Pursuit
- Arguments in the Economics Blogosphere
- Tyler Cowen Makes a Suggestion
- The Future of Talking Heads?
- Bastiat’s Insight on Government Inaction
- Francis Fukuyama on Public Administration
- Democracy: Worse Than I Thought
- Macaulay on Signaling
- Worth Reading
- Correction on the Swedish Consequentialism Study
- The Indian Economies
- The Long Run Is Nigh: Drum, Krugman, Disemployment and Obamacare
- Ed Leamer on “Pure” Economics
- Is Bank Regulation This Easy?
- Some Questions About Government
- Sins of Omission: What’s Wrong With Gruber’s Health Care Reform
- The Interesting Political Economy of the Social Security Tax Cut
- Today on the Eurozone Crisis
- The Bell Curve or The Bimodal Distribution?
- Kahneman, Greed and Success
- The Microeconomics of “Stimulus” Policy
- Christina Romer Breaks with President Obama
- Correcting For Ability Bias By Measuring Ability
- Klingian Paradox of Thrift Watch
- Robert Frank’s Narrow View on Schools
- Sentences to Ponder