Finance

It is a relatively indisputable result, confirmed by a number of economic studies, that economic freedom has a positive effect on income (GDP per capita). […]

1. Observations on visiting China after a ten-year absence. 2. “The rise of software accounts for two-thirds of the decline in the labor force share […]

Government is mostly the art of hitting you on the knees with a baseball bat, handing you a Band Aid, and asking you to remember […]

Australia has a debate about nuclear power. Hamilton and Heeney weigh in with an important point: On the basis of many discussions about Australia’s energy […]

The Sad Truth About ‘Healing’ Crystals Wall Street Journal (Li) The Case for Non-Defamation Mythology Plow (Anthony L) A falling birth rate threatens a costly […]

We study the macroeconomic implications of narratives, defined as beliefs about the economy that spread contagiously. In a typical business cycle model, narrative creates continuous […]

Estonian version: After the Citizenship Act was enacted in 1992, 90% of ethnic-Estonians automatically became citizens while only 8-10% of non-Estonians received citizenship. This is […]

In 2021, researchers were asked how smart AI will be by 2022. They predict a 12% pass rate on the MATH dataset; AI did very […]

1. “But spaghetti stands alone as a very simple food.” 2. Meta-science changes at NIH? Here is the link to Substack. 3. “…we find that […]

Remember my warnings about the FDA’s takeover of lab tests? …Laboratory testing has never been regulated by the FDA except briefly during a violent emergency […]