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Kindle Update
The all-new revised edition of The Armchair Economist is now available in a Kindle edition (as well as paperback) here. As of this writing, the Amazon page still says you are buying the 2007 version,...
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The Numbers Racket
If you’re the sort of person who reads economics blogs, you’ve probably heard that the median US worker has enjoyed hardly any income gain over the past few decades. Here are the numbers behind the...
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The Other Dunce
I tried listening to Mitt Romney on the radio Sunday morning, but after a few minutes it just got too depressing. Here’s what I heard in that few minutes: 1) We need to maintain defense spending...
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Good News and Bad News
Good news and bad news: Romney lost; Obama won. What’s most depressing about the Obama victory is that it seems to have come largely as a reward for two things: the execrable auto bailout and a...
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The Party’s Over
Thus the headline in today’s New York Times. Well, the Tea Party was nice while it lasted. Print PDFShare/Save
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Live Streaming Sex
The Future of Freedom Foundation plans to livestream my talk this afternoon, titled “More Sex is Safer Sex and Other Surprises”. I believe you’ll be able to find the stream here. Starting time (I...
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I GIve Up
These were the posted prices at my local gas station this morning: (Note the 5 cent discount for cash on regular and premium, as opposed to the 65 cent (!!!) discount on plus.) Unless this was just a...
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Something to Celebrate
Here’s a key lesson of economics: Trade is good, but trade with people very unlike yourself is even better. I’m a teacher who eats beef, drives a car and lives in a house. I don’t need other teachers...
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The Egomaniac in Chief
So President Obama finds it remarkable that he’s been mistaken for a valet driver and a waiter. I have some questions for my readers: Is there anyone who hasn’t been mistaken for a driver, a Home Depot...
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Nature or Nurture?
My sister snapped this picture of my Dad and me sitting on a couch: No, this wasn’t posed. It’s just how we happened to be sitting. Click here to comment or read others’ comments. Print PDFShare/Save
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Quick Crossword Update
I realize I’m overdue to announce the winners of the crossword contest from last week. I promise to get to this before the weekend! Click here to comment or read others’ comments. Print PDFShare/Save
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A Modified Algorithm for Evaluating Logical Arguments
A Guest Post by Bennett Haselton In a previous guest post I had argued that we should use a random-sample-voting algorithm in any kind of system that promotes certain types of content (songs,...
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McCloskey at Chicago, Take Two
It was a pleasure and an honor to reminisce about Dee McCloskey for the Festschrift volume just released by the University of Chicago Press. It was less of a pleasure to discover that the U of C Press...
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Winston Churchill Foresees Donald Trump
Those who are possessed of a definite body of doctrine and of deeply-rooted convictions upon it will be in a much better position to deal with the shifts and surprises of daily affairs than those who...
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Matters of Money
I have some questions about how money works. I’ll start by talking about Bitcoin, though my questions are more general than that. As you are probably aware, Bitcoin is a cryptocurrency that is...
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Alex Tabarrok!
I am delighted to announce that Alex Tabarrok, of George Mason University and marginalrevolution.com, will be speaking at the University of Rochester this Wednesday (February 21) on the topic “Is the...
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The Case Against The Case Against Education
I am quite unqualified to review Bryan Caplan’s blockbuster The Case Against Education, by virtue of the fact that I have not (yet) found time to read all of it. But I think I have a pretty good idea...
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Bob Murphy and Me
Here is a link to my appearance on the Bob Murphy show. Click here to comment or read others’ comments. Print PDFShare/Save
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Innumeracy at CNN
At the moment (and it’s been this way for quite a while), CNN has Amy Klobuchar 84 votes behind Pete Buttigieg, and 2.1% of the vote behind Pete Buttigieg. Which should mean that the total number of...
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Animation
You should watch this: Click here for full-size version. Click here to comment or read others’ comments. Print PDFShare/Save
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