Innovation is letting us accomplish more with less. Learn more: buff.ly/1LmtAZD #tech #progress http://t.co/e2kQlGu3NA—
HumanProgress.org (@humanprogress) June 22, 2015
Creative destruction in electronic devices
23 Jun 2015 Leave a comment
in economic history, economics of media and culture, entrepreneurship, technological progress Tags: creative destruction, smartphone, The Great Enrichment
GM’s 1956 vision of a self drive car by 1976
22 Jun 2015 Leave a comment
in economic history, economics of media and culture, entrepreneurship, industrial organisation, survivor principle, transport economics Tags: creative destruction, self drive cars
The entrepreneurial alertness of the Apollo 11 astronauts
22 Jun 2015 Leave a comment
in economic history, economics of media and culture, entrepreneurship, health and safety, labour economics, labour supply, occupational choice Tags: adverse selection, Apollo 11, economics of insurance, entrepreneurial alertness, moon landings, space
Millennials’ Political Views Don’t Make Any Sense
22 Jun 2015 Leave a comment
in applied price theory, comparative institutional analysis, constitutional political economy, economics of information, economics of media and culture, income redistribution, politics - USA, Public Choice, rentseeking Tags: antiforeign bias, antimarket bias, expressive voting, make-work bias, rational ignorance, rational irrationality, voter demographics
Millennial politics is simple, really. Young people support big government, unless it costs any more money. They’re for smaller government, unless budget cuts scratch a program they’ve heard of. They’d like Washington to fix everything, just so long as it doesn’t run anything.
Young people lean way left on issues like gay marriage, pot, and immigration. On abortion and gun control, they swim closer to the rest of the electorate.
But on economics, they’re all over the map. You get the sense, reading the Reason Foundation and Pew studies, that a savvy pollster could trick a young person into supporting basically any economic policy in the world with the right combination of triggers. Conservative and liberal partisans can cherry-pick this survey to paint Millennials as whatever ideology they want.
On spending:
Conservatives can say: 65 percent of Millennials would like to cut spending.
Liberals can say: 62 percent would like to spend more on infrastructure and jobs.On taxes:
Conservatives can say: 58 percent of Millennials want to cut taxes overall.
Liberals can say: 66 percent want to raise taxes on the wealthy.On government’s role in our lives:
Conservatives can say: 66 percent of Millennials say that “when something is funded by the government, it is usually inefficient and wasteful.”
Liberals can say: More than two-thirds think the government should guarantee food, shelter, and a living wage.On government size:
Conservatives can say: 57 percent want smaller government with fewer services (if you mention the magic word “taxes”).
Liberals can say: 54 percent want larger government with more services (if you don’t mention “taxes”).
via Millennials’ Political Views Don’t Make Any Sense – The Atlantic and This poll proves that millennials have totally incoherent political views – Vox.
The world at night
22 Jun 2015 Leave a comment
in economics of media and culture, energy economics Tags: maps
Light Pollution Around the World – brilliantmaps.com/light-pollutio… http://t.co/r2w1Zoics8—
Brilliant Maps (@BrilliantMaps) March 23, 2015
Biggest box office successes by profit ratio
21 Jun 2015 Leave a comment
in economics of media and culture, entrepreneurship, industrial organisation, movies, survivor principle Tags: entrepreneurial alertness, markets selection, The meaning of competition
Paranormal Activity earned 3,592x its budget in domestic ticket sales alone. #dataviz
Source: randalolson.com/2014/12/29/the… http://t.co/i6RALzOChI—
Randy Olson (@randal_olson) December 30, 2014
How much are the top speakers paid?
21 Jun 2015 Leave a comment
in economics of media and culture, entrepreneurship, human capital, labour economics, labour supply Tags: entrepreneurial alertness, superstar wages, superstars, top 1%
Speaking engagements very lucrative secondary career for public figures
statista.com/chart/3525/was… http://t.co/YNuQb51Ekk—
Statista (@StatistaCharts) June 04, 2015
The GMO food die-hard GMO opponents love (and oppose a label for)
20 Jun 2015 Leave a comment
in economics of information, economics of media and culture, economics of regulation, environmental economics, health economics, law and economics, politics - USA Tags: antiscience left, expressive voting, food labelling, GMOs, product labelling, rational ignorance, rational irrationality
Eugene Fama on what is a bubble
19 Jun 2015 Leave a comment
in economic history, economics of media and culture, entrepreneurship, financial economics Tags: asset price bubbles, dot.com bubble, entrepreneurial alertness, Eugene Fama
Ben Elton on the fraying of the Left
19 Jun 2015 Leave a comment
in economics of media and culture, politics - Australia, politics - New Zealand, politics - USA Tags: Ben Elton, expressive voting, Green Left, Leftover Left, rational ignorance, rational irrationality, The fatal conceit, The pretence to knowledge
Creative destruction in legacy media revenues
16 Jun 2015 Leave a comment
in economics of media and culture, entrepreneurship, industrial organisation, survivor principle Tags: creative destruction, economics of advertising, entrepreneurial alertness, legacy media, market selection
The media needs a new formula for paying for news gathering, says @bradwarthen: brook.gs/1JlfWUT http://t.co/QDGti24x1f—
Brookings (@BrookingsInst) May 15, 2015
Why do these top 0.1 percenters get a pass from the Occupied Movement and Twitter Left?
15 Jun 2015 Leave a comment
in applied welfare economics, economics of media and culture, income redistribution, movies, politics - USA, poverty and inequality, Public Choice, TV shows Tags: comedy, Left-wing hypocrisy, Leftover Left, Occupy Wall Street, top 1%, Twitter left
The 25 richest comedians (or why not to go into standup comedy) from @randal_olson randalolson.com/2015/03/04/top… http://t.co/cp3lSnuPOf—
Tyler Vigen (@TylerVigen) March 17, 2015
Utopia, you are standing in it! 
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