Marginal REVOLUTION

Contrary to some recent claims, the Canadian economy is not falling apart, and now I have a Bloomberg column on that point.  Excerpt: A c...

“The terms of trade argument for protectionism relies on specific assumptions about the elasticities of demand and supply for a country’s ex...

Ireland’s effort to remove old-fashioned family values from its constitution suffered a double defeat Saturday as voters rejected the amend...

The next time you send your doctor an email, don’t be surprised if they charge you a fee to answer. More healthcare groups are charging fe...

Here is the video, audio, and transcript, taped in his Apollo office in NYC.  Here is the episode summary: Marc Rowan, co-founder and CEO ...

Here is the link , via the wisdom of Garett Jones .  And OK, which nations have the cultural inferiority complexes?  The ones that rate the...

1. Abigail Shrier, Bad Therapy: Why the Kids Aren’t Growing Up .  I agree with many of the anti-therapy arguments in this book, but still I ...

From Kieran Lucid and Polysee : The post What Ireland and Scotland are doing to their housing markets appeared first on Marginal REVOLUTI...

From the get go it is far too self-consciously portentious, with nary a bit of humor to lighten it up.  It feels more like an adaptation of ...

Forecasting future events is important for policy and decision making. In this work, we study whether language models (LMs) can forecast at...

This study investigates the efficacy of an AI-based ethical advisor using the GPT-4 model. Drawing from a pool of ethical dilemmas publishe...

1760-1830, typically considered peak of Industrial Revolution Malthus, first decade of the 19 th century Ricardo’s Principles, 1817 Theo...

Both rightists and leftists assume that the U.S. spends far lower to combat social problems (poverty, healthcare, education) than peer nati...

Iran, eager to disrupt U.S. and Israeli interests in the Middle East but wary of provoking a direct confrontation, is privately urging He...

The post What I’ve been listening to appeared first on Marginal REVOLUTION .

As you may know, a major tournament is going on right now, based on a variant of Fischer Random rules, sometimes misleadingly called “Free...

1650s, wars with England, invasions, Cromwell repels the Scots 1690s – Darien Scheme in Panama, Scots more generally grow interested in emp...

It was meant as an insult, implying that Mises – a marginalist – was trying to salvage 19th century liberal economics from the collectivist...

Forthcoming in ReStud , I haven’t had the chance to read it yet: To analyze climate change mitigation strategies, economists rely on simpl...

That is the focus of my latest Bloomberg column , 2x the normal length.  I cannot cover all the points, but here is one excerpt: The large...