Tyler Cowen has a nice post on the economics of classical music. I think he’s right, and that the success of classical music rests on philanthropist attention and on satellite radio. I also think that popular, charismatic, virtuoso performers will contribute to classical music’s fate, by their presence or absence. Wynton Marsalis and Yo-Yo Ma …
How exciting is this? Notwithstanding Eric Zorn’s cranky bile saying that we should chill, the Cubs winning the NLDS is wonderful. This article gives some indication of how exhilirating the win is for fans old and young. Eric’s wrong because this is the first time since 1945 that we have won a playoff series. The …
This interesting Baltimore Sun commentary by David Quayat highlights some of the economic and social problems seen in history in countries that rely on oil for their economic strength. Given what we’ve seen, especially in Saudi Arabia and Venezuela, his cautions are worth serious consideration.
Here’s a more extensive set of links to the articles I mentioned below. An Experimental Mind Having shaken the ivory tower and reshaped big government, Vernon Smith’s ideas are revolutionizing business By Rana Foroohar Give All Iraqis a Share Auctions of state wealth go back to Rome, but no one has ever done it fairly. …
Didn’t get tickets … grrr. Oh well. But I wish there were some way that those of us who live in the neighborhood could have gotten first dibs.
This Blogcritics post from Monday raises some very important points about the political dynamics behind the ethanol mandate that is included in both the House and Senate versions of the energy bill. The ethanol mandate makes little environmental or economic sense, unless of course you are a corn farmer. I’ll have more to say on …
Am waiting in the virtual waiting room for playoff tickets …
Neuroeconomics is a growing field, and is starting to get some attention outside of academia. See, for example, this Financial Times article from Tuesday on neuroeconomics research. They start by discussing trust games, and why researchers want to dig more deeply into some of the results that have come from laboratory experiments. Prof [Vernon] Smith …
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