The myth of studying to build mental muscles – Bryan Caplan

The day Minsky macroeconomics died! Instability can’t be fixed so easily?

Tirole on the #GFC as a textbook financial crisis

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Tirole on the difficulties of network and utility regulation. Tradeoff between high cost, low profit firms v. low cost, high profit firms

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My favourite economist joke as told by David Friedman

Akerlof’s lemons paper showed how markets profited from overcoming asymmetric information

Ban the box, no questions on criminal records, increased statistical discrimination against young black male job applicants

Kevin Murphy: Economic Analysis of Healthcare, Part 4: What’s a Sensible Approach?

Kevin Murphy: Economic Analysis of Healthcare, Part 3 – Differentiation Based on Qualities Other Than Age

Kevin Murphy: The Economics of Innovation, Part 2 – Recent Work on Risk and Health

Pirates & the Theory of the Firm – Intro to Political Economy, Lecture17 Mike Munger

Doug Allen “The Duel of Honor – screening for unobserved social capital”

Gabrielle Sanchez on product differention and quality assurance in people smuggling

Gabriella Sanchez on people smuggling functioning like any other market with asymmetric information about quality

On the elimination of a permission slip from the government to practice medicine

Source: Quotation of the day on the elimination of a permission slip from the government to practice medicine….. – AEI | Carpe Diem Blog » AEIdeas

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The History of Parliament

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Reflections on books and art

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NOT A LOT OF PEOPLE KNOW THAT

“We do not believe any group of men adequate enough or wise enough to operate without scrutiny or without criticism. We know that the only way to avoid error is to detect it, that the only way to detect it is to be free to inquire. We know that in secrecy error undetected will flourish and subvert”. - J Robert Oppenheimer.

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Trust, yet verify

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