A blog on all things to do with economics and related subjects
Wednesday, 22 November 2017
Why do planning economies fail? The economic calculation problem and how markets solve it ....
To appreciate why market prices are essential to human well-being, consider what a fix we would be in without them. Suppose you were the...
Tuesday, 21 November 2017
Firm-level political risk: measurement and effects
One obvious risk that firms face, especially these days, is political risk, but how does it effect firms and what do they do about it? The...
Thursday, 16 November 2017
Book contract signed
I have just signed a contract with Routledge for them to publish my second book, "A brief prehistory of the theory of the firm". ...
Monday, 13 November 2017
Common ownership, competition, and top management incentives
An interesting looking revised version of a working paper from the Cowles Foundation for Research in Economics at Yale University on "...
Trade, merchants, and the lost cities of the Bronze Age
An interesting new NBER working paper on Trade, Merchants, and the Lost Cities of the Bronze Age by Gojko Barjamovic, Thomas Chaney, Kerem...
Dennis Rasmussen on Hume and Smith and "The Infidel and the Professor"
In this audio from EconTalk Russ Roberts interviews Dennis Rasmussen about Rasmussen's new book " The Infidel and the Professor:...
Claudia Goldin on the gender earnings gap
Claudia Goldin (Professor of Economics at Harvard University) writes, in the New York Times , on How to Win the Battle of the Sexes Over Pay...
Thursday, 9 November 2017
Zingales, McCloskey, Karlson and Kuran on populism and the free society
What does populism mean? Why do people buy it? Is the critique against the established elites valid? What are the main causes of the populi...
Monday, 23 October 2017
Latest Blogwatch column
My Blogwatch column from the latest issue ( Issue 59 , August 2017) of the NZAE magazine Asymmetric Information
Sunday, 22 October 2017
Immigration with Art Carden
An interview from the Libertarian Christian Institute with economist Art Carden about immigration. THE LIBERTARIAN CHRISTIAN PODCASTEp...
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