Economics

‘Splain Me This: Posner On Catastrophe

Lynne Kiesling In today’s Wall Street Journal Richard Posner has a commentary on the probability of catastrophe (subscription required), largely inspired by the tsunami last week and his new book, Catastrophe: Risk and Response. From the Publisher’s Weekly editorial review of the book: Criticizing the “blinkered perspective” of civil libertarians hung up on constitutional law, …

‘Splain Me This: Posner On Catastrophe Read More »

The Economics Of Duels

Lynne Kiesling Today Tyler Cowen has an interesting post on duels. At the ISNIE conference in Tucson in September, Doug Allen from Simon Fraser University presented a paper entitled “The Duel of Honor: Screening for Unobservable Social Capital” (co-authored with Clyde Reed). Unfortunately, Doug’s not got it on his website, nor is it available from …

The Economics Of Duels Read More »

Red Cross Donations At Amazon: Wowie!

Lynne Kiesling The Amazon American Red Cross donation page just clicked over $4.7 million, and over 77,000 donors. This is fabulous and astounding, a wonderful combination of simple leadership and vision on Amazon’s part, sympathy and beneficence, and the application of technology to harness the best wishes and actions of a highly distributed global population …

Red Cross Donations At Amazon: Wowie! Read More »

Wilkinson On Human Nature

Lynne Kiesling I’m working my way through the recent Daedelus issue on human nature, but have not read the Rorty article yet. I wasn’t expecting a strong, persuasive argument. Apparently, according to Will Wilkinson, my expectations are even a little high: Richard Rorty’s paper, “Philosopher-envy” in the new Daedalus issue on human nature is just …

Wilkinson On Human Nature Read More »

Driving In Traffic

Michael Giberson The latest Review of Network Economics, which focuses on road transport issues, arrived just after the latest family Thanksgiving trip down I-95 in the Eastern United States. Traveling on I-95 prompted me to wonder how I should be driving in traffic so as to minimize the negative externalities I was imposing on everyone …

Driving In Traffic Read More »