… with such thought-provoking and innovative posts as this from Tyler Cowen on the market value of different aspects of real estate. Not surprisingly, bathrooms add considerably to the market value of the property. Tyler’s got all the links to the academic literature he’s discussing, so I won’t reproduce them here. Interestingly, we have been …
My Italian friends Fabio and Federico (yes, that’s really their names) tell me that the Italian equivalent of “too many irons in the fire” translates to “too many things boiling in the pot”. I love it. Except that I feel the heat of the many things boiling, and posting may therefore be somewhat curtailed over …
A final set of recommendations … today Ron Bailey of Reason is testifying before a Congressional hearing on “The Impact of Science on Public Policy”. His testimony is available at the Reason magazine website, and indicates some general tendencies that I have found in my wanderings through energy and environmental public policy: What are the …
While I’m recommending good posts from around the ‘hood, this Catallarchy post from Jonathan Wilde builds on Brad DeLong’s “Tale of the Serf” post nicely. Basically, Brad creates a false dichotomy (as Jonathan notes) to illustrate a point: do you care how free you are if your life is better in other ways? I agree …
I’m really glad that Kevin Brancato has written this post on how the city of Los Angeles is going to try to keep WalMart from building within the city limits. I also absolutely love his opening two sentences: In contrast to The Washington Post, T&B believes that people living inside the City of Los Angeles …
I’m a little behind the times, so instead of updating the post I’ll separate direct your attention to Justin’s very correct and informative comment on my post about the Q4 financial results of electric utilities. Yeah, Constellation NewEnergy was never as in the hole as the rest, and some of those who were, like Dynegy, …
I have been derelict in welcoming Nick Schulz’s new sports and technology blog to the block. These are two of my favorite topics, so I look forward to seeing them together. See, for example, his thought=provoking post on the effects of technological change on baseball.
A lot of folks around here have been discussing outsourcing, and its short-run and long-run economic effects. I tend to be simple-minded about it and say that outsourcing will continue until the wage in each country equals the value of marginal product of that country’s workers. Put another way, the high productivity of US workers …
Tyler Cowen Summarizes The Outsourcing Discusison Read More »
Today’s Carnival of the Capitalists is up at Steve’ Verdon’s site. I’ve been too busy to rub the brain cells together well enough to write a post worthy of CotC inclusion, but I am happy that my small musings on competitive transmission, contestability, and evolutionary processes in markets got Robert Prather riffing on it, and …
So I was catching up on my reading this AM over breakfast, and saw the header on Robert Prather’s post titled “beneficial complexity”. Very cool, I thought, sounds right up my alley. And then to find that the post was a link to me! Jiminy, that’s pretty exciting, thanks! I love the phrase beneficial complexity; …
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