- Gender and Income -- Insty has links. 110% of the difference between male and female income is choices. Women get the better deal on income/hour worked. More from DiA. UPDATE: The Slate article linked is good too.
- Economics of sex -- Those with market power win, those without market power lose.
- Incentives win -- TSA explained.
- California is extra-broken. Privatization is illegal?
- Public employees overpaid? How does an economist understand the problem?
- Who likes liberty? No one political. Neither conservatives nor liberals.
- Reverse Causation? how about a brilliant better explanation?
- I once suggested that the health of an economy can be measured adequately by comparing the Expected Value (EV) of a dollar spent buying government favors vs. a dollar spent making a better product. Here's an answer.
- Great line by Sonic Charmer:
I’ve come to realize that the reason I do not share their concerns is not so much that I think someone like Palin would too make a ‘good President’ as that for the most part I find the concept of ‘good President’ to be near-oxymoronic in the first place. I think of a ‘President’ as someone whom we strap into the driver’s seat of a giant-sized steamroller (=the U.S. government) that is running loose in the middle of a beautiful, Edenic paradise, with the gearshift permanently stuck in ‘drive’ – and we tell him/her to steer. This can’t be done in a ‘good’ way because no matter which direction the President drives, things will get trampled, beautiful things. So there’s no such thing as a ‘good’ President. Presidents can only minimize the damage the steamroller causes. And that’s all I want.
- Innovation is amazing. Bacteria to fix concrete cracks?
- Wilkinson has a great discussion of Robert Frank on inequality and a solution (Progressive Consumption Tax to replace income tax).
- Robin Hanson and then Adam Ozimek discuss sophistication versus obsessiveness. I am naturally an obsessive who tries also to be sophisticated. Note: Sophistication is a social strategy, while obsession is a problem-solving strategy. Sophisticates are particularly useful so that the obsessives have someone to talk to about their obsessions. Obliquely relevant here is Seth on evolution of education.
The virtue of excellence