Anti-Dismal

A blog on all things to do with economics and related subjects

Friday, 21 July 2017

Mike Munger interview

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Dr. Mike Munger (Professor, Political Science & Economics at Duke University) is interviewed by Dave Rubin to discuss political science,...
Tuesday, 18 July 2017

Towards a political theory of the firm

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Towards a Political Theory of the Firm is a new NBER working paper by Luigi Zingales. Abstract: Neoclassical theory assumes that firms...
Monday, 3 July 2017

Ronald Coase a socialist!

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I have just come across an article by Per Bylund at the Mises Institute website on the question  Was Ronald Coase an Austrian? At one po...
Tuesday, 27 June 2017

Minimum wage increases, wages, and low-wage employment: evidence from Seattle

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A new NBER working paper looks at the effects of the first and second phase-in of the Seattle Minimum Wage Ordinance, which raised the mini...
Friday, 23 June 2017

What is an incomplete contract?

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A two minute answer to the question from Oliver Hart.
Wednesday, 14 June 2017

Positive v's normative economics

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This is a distinction every economics student knows. But where did it originate? A clear distinction between positive and normative econom...
Sunday, 14 May 2017

The emergence of the corporate form

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An interesting new article from the Journal of Law, Economics and Organisation -- Volume 33, Issue 2 May 2017: 193-236. The Emergence of...
Friday, 12 May 2017

Daniel Griswold on the basics of trade

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From David Beckworth’s podcast series,  Macro Musings  comes this audio of  an interview  with Daniel Griswold on the Basics of Trade. Dan...
Tuesday, 9 May 2017

How to make trouble

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These guys really know how to make trouble ......... Replicating Anomalies Kewei Hou, Chen Xue, Lu Zhang NBER Working Paper No. 23394 ...
Monday, 8 May 2017

Latest Blogwatch column

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My Blogwatch column from the latest issue ( Issue 58 , April 2017) of the  NZAE  magazine  Asymmetric Information
Wednesday, 3 May 2017

Oliver Hart, incomplete contracts and control

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From the 2017 Royal Economic Society Conference comes this video of the talk by Oliver Hart, the Winner of the 2016 Nobel Prize in Economic...
Friday, 28 April 2017

Josh Zumbrun on the challenges and angst facing the economics profession

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From David Beckworth’s podcast series, Macro Musings comes this audio of an interview with Josh Zumbrun on the challenges and angst facing...
Wednesday, 26 April 2017

82 copies sold

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Today I received a note from my publisher telling me that the greatest book ever written has sold a total of 82 copies! Ok a few fewer than...
6 comments:
Tuesday, 25 April 2017

Unpacked: President Trump’s border wall

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This video comes from the Brookings Institution : Vanda Felbab-Brown, senior fellow at the Brookings Institution, unpacks the security, ec...

20% off

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The publisher, Routledge , of my book " The Theory of the Firm: An Overview of the Economic Mainstream " is offering 20 percent of...
Sunday, 23 April 2017

Mental experiment on the effects of minimum wages

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This thought experiment is from Don Boudreaux at Cafe Hayek . Imagine that you’re given the option of buying ten-dollar bills for $5 a pi...
Saturday, 22 April 2017

The drive to mandate paid family leave

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From the Cato Institute comes this Cato Daily Podcast in which Vanessa Brown Calder talks to Caleb O. Brown about the effects of mandate pa...
Thursday, 20 April 2017

Relative prices and inflation (updated)

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A recent discussion on twitter went as follows: The basic point is that relative prices changes and inflation are not the same thing des...

Ricardo and comparative advantage (updated)

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David Ricardo is probably most famous because of his introduction of the idea of comparative advantage into economics. Today comparative adv...
1 comment:
Sunday, 16 April 2017

When usury laws are counterproductive

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Is it a good idea have a ceiling on the interest rate, be that zero or some positive rate. We study the effects of interest rate ceilings ...
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Paul Walker
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