Michael Giberson Bush won? That’s odd. The Redskins lost their last home game prior to the presidential election, which since 1936 has been followed by a victory for the non-incumbent?s party. (See REDSKIN HOME GAME ELECTION PREDICTOR) The TV announcers covering Sunday?s Redskins-Packers game mentioned this tidbit of trivia many times during the game. I …
Michael Giberson The headline for Jerry Knight’s column today in the business section of the Washington Post reads “Got the Flu? Blame the Free Market.” Writers are not always responsible for their headlines, but the headline clearly reflects what Knight writes. If you get sick this winter, he writes, call it the “free market flu.” …
Michael Giberson The headline for Jerry Knight’s column today in the business section of the Washington Post reads “Got the Flu? Blame the Free Market.” Writers are not always responsible for their headlines, but the headline clearly reflects what Knight writes. If you get sick this winter, he writes, call it the “free market flu.” …
Michael Giberson On the PFF blog, Tom Lenard comments on Larry Lessig?s article, ?Coase?s First Question,? [PDF] in the current issue of Regulation. Lenard summarizes Lessig’s distinction between “Proper-Coaseans” and “Property-Coaseans” in this way: Lessig argues that ?proper-Coaseans? first ask the question of whether the resource in question should be the subject of property at …
Michael Giberson Ever since I saw a note about it on Transterrestrial Musings a week ago, I’ve been meaning to write about the Prisoners’ Dilemma tournament organized at the University of Nottingham. For some 20 years, the simple tit-for-tat strategy has reigned as champion over all comers in iterated prisoners’ dilemma games. As Wired describes …
Michael Giberson Does economics matter? For an assessment that says a once esoteric economic modeling technique — rational expectations — led to better policy practice, see David Warsh?s Economic Principals column, ?A Day in the Life of Ed Prescott.?
Michael Giberson From out of the depths of data mining comes this amazing fact: “If the Redskins win their last home game before the election, the party that occupies the White House continues to hold it; if the Redskins lose that last home game, the challenging party’s candidate unseats the incumbent president.” (From Snopes.com, via …
Senator Cambell of Colorado has introduced a bill in the Senate to “make technical corrections to laws relating to Native Americans, and for other purposes.” Among the technical corrections included in the bill is Sec. 14 – Amendment of Definition: “Section 2(9) of Public Law 101-601 (25 U.S.C. 3001(9)) is amended by inserting ‘or was’ …
Michael Giberson Three writers, each in some way suggesting an interplay between economy and literature. Lynne?s mention of Cryptonomicon reminded me that Neal Stephenson was on the Mall last Saturday participating in the National Book Festival. He filled up the Sci Fi and Fantasy tent with a crowd of enthusiastic readers. I arrived a few …
Michael Giberson From Technology News: The second private space flight in a week piloted by history’s second civilian astronaut was worth US$10 million today as the Paul Allen-funded SpaceShipOne (SS1) touched the edge of space and returned to Earth winner of the Ansari X Prize. In addition to its historical significance with respect to private …
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