THE JOYFUL REDUCTION OF UNCERTAINTY

Tag Archives: economics

Highlights From The Comments On Piketty

Chris Stucchio recommended Matt Rognlie’s criticisms of Piketty (paper, summary, Voxsplainer). Rognlie starts by saying that Piketty didn’t correctly account for capital depreciation (ie capital losing value over time) in his calculations. This surprises me, because Piketty says he does … Continue reading

List Of Passages I Highlighted In My Copy Of Capital In The Twenty-First Century

[Original review is here. Don’t worry, people who had interesting comments on the review – I’ll try to get a comments highlights thread up eventually.] For Ricardo, who published his Principles of Political Economy and Taxation in 1817, the chief … Continue reading

Book Review: Capital In The Twenty-First Century

[Epistemic status: I am not an economist. Many people who are economists have reviewed this book already. I review it only because if I had to slog through reading this thing I at least want to get a blog post … Continue reading

Cost Disease In Medicine: The Practical Perspective

Sometimes I imagine quitting my job and declaring war on cost disease in medicine. I would set up a practice with a name like Cheap-O Psychiatry. The corny name would be important. It would be a statement of values. It … Continue reading

Highlights From The Comments On Basic Jobs

These are some of the best comments from Basic Income, Not Basic Jobs: Against Hijacking Utopia. I’m sorry I still haven’t gotten a chance to read everything that people have written about it (in particular I need to look more … Continue reading

Basic Income, Not Basic Jobs: Against Hijacking Utopia

Some Democrats angling for the 2020 presidential nomination have a big idea: a basic jobs guarantee, where the government promises a job to anybody who wants one. Cory Booker, Kirsten Gillibrand, Elizabeth Warren, and Bernie Sanders are all said to … Continue reading

Highlights From The Comments On Technological Unemployment

Thanks to everyone who commented on the post about technological unemployment. From Onyomi: Not saying I necessarily think this is what is going on, but one simple possible explanation for why technological unemployment could happen now when it never happened … Continue reading

Technological Unemployment: Much More Than You Wanted To Know

[I am not an economist or an expert on this topic. This is my attempt to figure out what economists and experts think so I can understand the issue, and I’m writing it down to speed your going through the … Continue reading

Highlights From The Comments On Cost Disease

I got many good responses to my Considerations On Cost Disease post, both in the comments and elsewhere. A lot of people thought the explanation was obvious; unfortunately, they all disagreed on what the obvious explanation was. Below are some … Continue reading

Considerations On Cost Disease

I. Tyler Cowen writes about cost disease. I’d previously heard the term used to refer only to a specific theory of why costs are increasing, involving labor becoming more efficient in some areas than others. Cowen seems to use it … Continue reading