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Category Archives: economics
Unexpected Correlations: Lead and Crime, Coffee and AIDS
Poverty reduction and AIDS reduction are not always, it would seem, the same thing.
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Posted in development, economics
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Bottled Water
I’m hoping that by the time China becomes the world’s dominant economic power, bottled water will be remembered as a 20th-Century curiosity, rather than a fact of life.
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Posted in economics, governance
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The Economics of Book Publishing
If a book like Freakonomics can sell more copies by fudging the science, there’s a good chance that it will.
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Posted in economics
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New York State’s Mind-Boggling Economic Irrationality
I said
back in 2003 that New York behaves much like a dysfunctional Latin American
nation. Since then, most Latin nations have got their act together, certainly
in terms of fiscal policy. New York, meanwhile, has gotten precisely nowhere.
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Economists vs Political Scientists on the Web
Ezra Klein wants
to know why economists are overrepresented in the blogosphere, while political
scientists are nowhere to be found.
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Posted in economics, technology
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Why There Are So Many Frame Stores
Bryan Caplan has vacated the guest-blogger perch over at the Economist’s Free
Exchange blog, but he did leave his readers with an interesting puzzle
in microeconomics, lifted from his
own blog.
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Posted in economics
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Where Hits Come From
Chris
Dillow and James
Surowiecki both weigh in this week on the subject of where hits come from.
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Posted in economics
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Harvard-Yale Competition
Do Harvard and Yale compete for the best students? Greg Mankiw
certainly thinks
so:
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Posted in economics
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Alternatives to Globalization
There are major downsides to globalization, but it increasingly seems as though fighting it is worse than futile: it’s actually counterproductive.
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Comparing Economies
New Amsterdam (a/k/a New York) is
indeed more similar to Old Amsterdam than it is to Amsterdam,
Missouri (median household income: $29,821) or Amsterdam,
Ohio (median household income: $24,583).
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Selling Stadium Seats
There’s nothing new about the plan to finance Yankee Stadium by the sale of seats.
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Posted in economics
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Monday Links Do The Twist
Enough links to keep anybody happy for at least an hour.
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Posted in banking, cities, development, economics, Media, personal finance, remainders, technology
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Supply and Demand in the Cocaine Industry
There’s a large faction of economists who love to say that raising the minimum wage must also raise unemployment, because of the way that supply and demand curves work. I wonder what they would have to say about the cocaine situation.
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Posted in economics
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Paper of the Day: Levy and Temin on Income Inequality
Robert
Samuelson devoted his column yesterday to a very interesting new paper from
Frank Levy and Peter Temin of MIT. For those
of us who prefer to read original papers rather than the journalism based on
them, the paper can be found here.
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Globalization Didn’t Bring Down US Prices After All
If inflation is “always and everywhere a monetary phenomenon,” then, as Ball puts it, “the accounting theory of inflation is always and everywhere a fallacy.”
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Posted in economics
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The Economics of Carbon Taxes
Mark
Thoma has a good overview of the economics of the carbon tax vs cap-and-trade
debate.
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Posted in climate change, economics
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Where Does the US Economy Go From Here?
With the S&P 500 hitting all-time highs, I’m sanguine.
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Posted in economics
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Mohamed El-Erian Solves the Economics of Investing
What Makes Mohamed El-Erian a first-rate investor.
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Posted in economics, geopolitics
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Can Increased Demand Lead to Decreased Demand?
The ethics of eating skate.
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Posted in economics
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Stiglitz on DVD
Joe Stiglitz has an engaging and eminently watchable rhetorical style.
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Posted in economics
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Calculating the Cost of Emigrating
There aren’t costs of half a million dollars or so associated with moving to mainland US from Puerto Rico. It’s just something which a lot of Puerto Ricans have no interest in doing — and given how nice their beaches are, you can see why.
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Posted in economics, immigration
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Welcoming George Borjas to the Blogosphere
George Borjas starts a blog.
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Posted in economics
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Why Venezuela Won’t be the Next Zimbabwe
Venezuela is not Zimbabwe. Yes, Hugo Chavez is making very bad economic decisions — but then again, his elitist predecessors were hardly much better. And very bad economic decisions don’t in and of themselves lead to Zimbabwe-style disaster. For that, you need a power-mad lunatic like Robert Mugabe. And while Chavez might be distasteful to many Americans, a Mugabe he is not.
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Posted in economics
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Explaining the Dentist Puzzle
Why do some dentists get paid three times as much as others?
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Posted in economics
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What is Ben Stein Smoking?
Poor Brad DeLong has been beating
himself up by reading Ben Stein again. I do have sympathy
with him: I was happily reading the newspaper myself yesterday, sipping on an
excellent cappuccino from Tarallucci
e Vino, when the Stein
column loomed up in front of me like some kind of car crash I couldn’t turn
away from.
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Posted in ben stein watch, economics
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