Hayek’s finest paper
16 Feb 2020 Leave a comment
in applied price theory, applied welfare economics, Austrian economics, comparative institutional analysis, economics of information, F.A. Hayek, history of economic thought, industrial organisation, property rights Tags: The fatal conceit, The meaning of competition, The pretence to knowledge
Angus Deaton Understanding and misunderstanding randomized controlled trials
16 Oct 2019 Leave a comment
in applied price theory, applied welfare economics, comparative institutional analysis, development economics, econometerics, economics of bureaucracy, economics of crime, economics of education, economics of information, growth disasters, health economics, labour economics, labour supply, law and economics, managerial economics, organisational economics, personnel economics, Public Choice, public economics, theory of the firm Tags: offsetting behaviour, The fatal conceit, The pretence to knowledge, unintended consequences
Tirole on the difficulties of network and utility regulation. Tradeoff between high cost, low profit firms v. low cost, high profit firms
16 Oct 2019 Leave a comment
Nobel prize for discovering if you subsidise something, you see more of it!! Many years worth of randomized controlled trials just to make sure in dirt poor countries. Didn’t know child vaccination payoffs so marginal that you had to check.
15 Oct 2019 Leave a comment
in applied price theory, applied welfare economics, development economics, econometerics, economics of education, economics of information, growth disasters, growth miracles, health economics Tags: The fatal conceit, The pretence to knowledge
Scott Freeman and Bruce Champ on the Phillips Curve
07 Aug 2019 Leave a comment
in business cycles, economic history, macroeconomics, monetary economics, Robert E. Lucas, unemployment Tags: The pretence to knowledge
The Unfulfilled Promise of the Anti-Discrimination Laws
28 Jun 2019 Leave a comment
in applied price theory, comparative institutional analysis, constitutional political economy, discrimination, economic history, entrepreneurship, industrial organisation, labour supply, law and economics, politics - USA, Richard Epstein, survivor principle Tags: racial discrimination, sex discrimination, The fatal conceit, The pretence to knowledge
Hayek and Robert Bork Part II on intellectuals, the impossibility of sociology and generality
25 May 2019 Leave a comment
in Austrian economics, economic history, economics of education, economics of information, economics of regulation, F.A. Hayek, history of economic thought, law and economics, occupational choice, politics - USA, property rights, Public Choice, Rawls and Nozick Tags: The fatal conceit, The pretence to knowledge
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