Edward Luttwak on the role of strategy in international politics
24 Jun 2019 Leave a comment
in defence economics, war and peace Tags: Edward Luttwak
John Stuart Mill’s big idea: Harsh critics make good thinkers | Keith Whittington
24 Jun 2019 Leave a comment
in economics of education, economics of information, law and economics, politics - Australia, politics - New Zealand, politics - USA, Public Choice Tags: free speech, moral psychology, political correctness
Former ACLU President Nadine Strossen on offensive and dangerous speech
24 Jun 2019 Leave a comment
in law and economics, politics - New Zealand, politics - USA, Public Choice Tags: free speech
Stormtrooper – German Special Forces of WW1 I THE GREAT WAR Special
24 Jun 2019 Leave a comment
in defence economics, war and peace Tags: World War I
Why did Russia sell Alaska to America? (Short Animated Documentary)
24 Jun 2019 Leave a comment
in economic history, international economics, politics - USA, Public Choice Tags: Alaska, Russia
So @ProfSteveKeen understands neither rational expectations nor rational maximising! @Chris_Auld; @NZTreasury wasted taxpayers’ money on his visit too
24 Jun 2019 Leave a comment
in applied price theory, macroeconomics, politics - New Zealand
What was mainstream macroeconomics before it was overthrown? Was it neoclassical?
23 Jun 2019 Leave a comment
in applied price theory, macroeconomics, monetary economics, Robert E. Lucas
Sargent on history as written by the late switchers, saying I thought of that too; said so in a footnote, in a seminar or as an aside. But Sargent was at Berkeley, knowing who is against everything he, Lucas and others said
23 Jun 2019 Leave a comment
in business cycles, fiscal policy, history of economic thought, macroeconomics, monetarism, monetary economics
From http://www.tomsargent.com/research/romers3.pdf Reactions to the Berkeley story Thomas J. Sargent October 21, 2002
The upside of #endoil
23 Jun 2019 Leave a comment
in energy economics, environmental economics, global warming Tags: The fatal conceit
The psychology of moral grandstanding | Brandon Warmke
23 Jun 2019 Leave a comment
in law and economics, politics - New Zealand, politics - USA Tags: political psychology
Real Time with @BillMaher – @DrDeborahSoh on Gender Dysphoria in Children
23 Jun 2019 Leave a comment
in health economics, law and economics, politics - USA, television
Truth in advertising
23 Jun 2019 Leave a comment
in economics of information, health economics Tags: consumer fraud, cranks, Quacks
Nobel Prize in Economic Sciences 2009 (An institutional economics prize)
23 Jun 2019 Leave a comment
Elinor Ostrom (“for her analysis of economic governance, especially the commons”) and Oliver E. Williamson (“for his analysis of economic governance, especially the boundaries of the firm”) are the 2009 winners of the Nobel Prize in Economic Sciences.
“Economic governance: the organization of cooperation
Elinor Ostrom has demonstrated how common property can be successfully managed by user associations. Oliver Williamson has developed a theory where business firms serve as structures for conflict resolution. Over the last three decades these seminal contributions have advanced economic governance research from the fringe to the forefront of scientific attention.
Economic transactions take place not only in markets, but also within firms, associations, households, and agencies. Whereas economic theory has comprehensively illuminated the virtues and limitations of markets, it has traditionally paid less attention to other institutional arrangements. The research of Elinor Ostrom and Oliver Williamson demonstrates that economic analysis can shed light on…
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THE GUARDED GATE: BIGOTRY, EUGENICS, AND THE LAW THAT KEPT TWO GENERATIONS OF JEWS, ITALIANS, AND OTHER EUROPEAN IMMIGRANTS OUT OF AMERICA by Daniel Okrent
23 Jun 2019 Leave a comment
(Ellis Island, NY)
Recently I learned that the Trump administration finally concluded a tariff deal with Mexico which had a number of components related to illegal immigration into the United States. Apart from Trump’s stupefying rhetoric surrounding his “wall” and other asinine comments like, “why are we having so many people from these shithole countries come here,” immigration and race have become litmus tests for certain politicians. This political atmosphere in the United States makes Daniel Okrent’s new book, THE GUARDED GATE: BIGOTRY, EUGENICS, AND THE LAW THAT KEPT TWO GENERATIONS OF JEWS, ITALIANS, AND OTHER EUROPEAN IMMIGRANTS OUT OF AMERICA an important contribution to the background history of our current views of people who are trying to escape tyranny and poverty and come to the United States. Okrent focuses on what he describes as the “perverse form of ‘science’ [that] gave respectability to the drastic limits Imposed on the…
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