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Tag Archives: economics
Book Review: A Future For Socialism
A boot, stamping on a human face – forever! No! Wait! Sorry! Wrong future for socialism! This is John Roemer’s A Future for Socialism, a book on how to build a kinder, gentler socialist economy. In my review of Red … Continue reading
Book Review: Red Plenty
I. I decided to read Red Plenty because my biggest gripe after reading Singer’s book on Marx was that Marx refused to plan how communism would actually work, instead preferring to leave the entire matter for the World-Spirit to sort … Continue reading
No Skyscraper Stagnation
Since we’re on the subject of whether technological progress has stagnated, I thought I’d address an issue that always seems to come up sooner or later. Is there a decline in American skyscrapers possibly indicating a decline in American civilization? … Continue reading
Ozy vs. Scott on Charity Baskets
I have invited Ozy to post to Slate Star Codex. I ended up disagreeing with their first post, so I’m going to include it along with my rebuttal. Ozy: A man goes up to a stockbroker and says, “You guys … Continue reading
Invisible Women
[EDIT: Two readers – Pseudo-Erasmus and Noah Smith – have chimed in with very plausible explanations centering around labor force participation and productivity.] A commenter asked in yesterday’s discussion on The Two-Income Trap: why did the entry of women into … Continue reading
Book Review: The Two-Income Trap
A long time ago I wrote a kinda-tongue-in-cheek defense of keeping modafinil – a relatively safe and effective stimulant – illegal. My argument was that if everybody can use stimulants to work harder and sleep less without side effects, then … Continue reading
Money On The Ground
I hear the following joke far too often: Economist 1: Look, there’s $20 on the ground! Economist 2: No there isn’t. If there were, someone would have picked it up already. It annoys me because it makes fun of a … Continue reading
Compound Interest Is The Least Powerful Force In The Universe
I. I’m still iffy on Vox. Some of its reporting is excellent – their article on Governor Cuomo and the shift away from progressivism in the Democratic Party was especially enlightening. Other parts, especially the editorials, are atrocious and utterly … Continue reading
Vote On Values, Outsource Beliefs
I. Today I learned about social impact bonds. They are a thing that exists. I would expect them to be in an adequate civilization like Raikoth or dath ilan. But they are a thing that exists on Earth. The basic … Continue reading
The Economics Of Art And The Art Of Economics
Here in Detroit, there is debate and concern over the possibility that the city’s bankruptcy might obligate it to sell off masterpieces in the local art museum. Is solving a temporary financial problem really worth the cultural impoverishment of the … Continue reading