Economist, author of several books, including The Three Languages of Politics and Specialization and Trade. https://xitter.cf/t.co/6Ifgdwf15K
Joined November 2014
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I looked at the box score of the last playoff game. The White Sox put the ball in play 9 times. 3 hits, 6 outs. the other 21 outs were strikeouts. MLB is turning into girls' softball.
On health care in America, for the Boyd institute boydinstitute.org/p/health-c… includes some illuminating charts
The AI panic reminds me of the Y2K panic back in the day. At least that one had a definite date when people could move on to something else.
I am not the person who makes this case. But if I recall correctly, this type of person argued that by talking about expanding NATO to include Ukraine, the U.S. triggered fears in Moscow and provoked the attack
Skidelsky on Keynes (the full three volumes, to get the influence of anti-Victorianism on Keynes' outlook); Perry Mehrling on Fischer Black, captures the fascinating person and his original thought
From the War on Iran to the Crisis of the American Republic open.substack.com/pub/niallf…
From the War on Iran to the Crisis of the American Republic open.substack.com/pub/niallf… an insightful and pessimistic tour d'horizon from @nfergus among the UATX students that appear are two who were in my class in the Jan-March term
playswingstate.com/ Tim Kane's game to illustrate electoral politics. I played and lost, but it's a cool app
Arnold Kling retweeted
A dominant paradigm these days in economics is “neo-institutionalism.”
Pushed for decades by Douglass North (1920–2015; Nobel 1993) and now the orthodoxy at the World Bank.
It says, like a recipe book, “Add institutions and stir.” Institutions such as sharecropping or land reform or modern courts are seen as causal.
Much of the evidence is historical. Much of it is mistaken.
My latest column for @folha....
Moltbook: at the very minimum, it is an entertaining science fiction story being written incredibly quickly. At the maximum, ??? @moltbook
The Great Depression also had massive structural effects. Nobody went back to doing the jobs that were lost in the early 1930s
Find it here: amazon.com/Invisible-Wealth-…
Invisible Wealth. Of 10 economists interviewed, 4 had won Nobels. Now it's up to 6. A remarkable book, if I may say so myself (3)
"It isn’t…the machinery the tools, the equipment…It’s really what’s happening in people’s heads." Joel Mokyr, interviewed by Nick Schulz in our book (2)
"if somebody put a gun to my head and said, “define technology,” what would I say? And the only answer I could come up with that really satisfied me was that it’s something in our own heads. " (1)
I created this in just a few hours, using Replit, without having to write any code myself. econmuseum.replit.app/