Georgia?

Serious money

To explain adjustment to changes in supply or demand over time, Marshall introduced the market period, the short period and the long period

From http://www.economicsdiscussion.net/economics-2/alfred-marshall/top-14-contributions-of-alfred-marshall-to-economics/21044

Asif Hameed: Proroguing Parliament

UK Constitutional Law Association

Editors’ note: The blog is now on holiday for the month of August. The editors will be pleased to receive new submissions from Monday, 2 September.

Introduction

The Government and Parliament have again clashed over Brexit. The Prime Minister, Boris Johnson, will not rule out prorogation of Parliament as a means of achieving Brexit on 31 October. At the same time, on 24 July the Northern Ireland (Executive Formation etc.) Act 2019 was passed, with the then Government under Theresa May unsuccessfully opposing amendments that appeared to impose legal restrictions on prorogation. Dramatic scenes unfolded during the Bill’s passage. The media headlines were equally dramatic. The Guardian reported: “MPs pass amendment seeking to thwart no-deal Brexit prorogation”. And the BBC: “Brexit: MPs back bid to block Parliament suspension”.

Opponents of prorogation have welcomed the 2019 Act and the legal restrictions on prorogation that it is thought to impose…

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A tidal wave of beneficent trends

The Logical Place

by Martin Bridgstock

(An edited version of this book review was published in The Skeptic magazine, September 2018, Vol 38 No 3)

Some years ago Steven Pinker’s book, The Better Angels of Our Nature (Pinker 2012) made a great impression. In this book – using over a thousand pages of text and 100 diagrams – Pinker supported his case that, over the long run, human beings are becoming less violent toward each other.  There were exceptions to the decline in violence, but Pinker seemed to make a powerful case for his argument. In addition, he presented a list of factors which, in his view, led to this decline in violence.

Since that time, Pinker’s argument has been verified. Johan Norberg (2016), a Swedish writer and Angus Deaton (2013), a Nobel prize-winner in economics, have come to the same conclusion. The key finding, the long-term decline in interpersonal violence, has to…

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#OTD 1961, police and soldiers begin erecting the Berlin Wall. It will stand for 10,315 days @SenSanders

What your childhood home videos look like when your dad’s a Hollywood special-effects artist

Jack Hirshleifer: economics in one page

What happens when welfare benefits increase?

David Levine on the impossibility of predicting the timing of a crisis

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