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Current ArticlesThis feed's current articles are shown below. Subscribe for updates to all the content available in this feed, or click through here to see the original article. There is a new and excellent paper by Anna Stansbury and Kyra Rodriguez on this topic: Unlike gender or race, class is rarely a focus of research or DEI efforts in elite US occupations. Should it be? In this paper, we document a large class gap in career progression in one labor market: US tenure-track academia. Using parental education to proxy...
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 Friday assorted links
 2024-07-12 12:08 Eastern Daylight Time by Tyler Cowen
1. MIE: “Shake Shack’s Crinkle Cut Fries Have Been Reimagined as a Body Pillow That’s Oddly Chic.” 2. Grocery store MIE: bullets in vending machines. 3. There is talk of a possible Three Mile Island restart. 4. New architectural citations. 5. Why is management so male? 6. MIE: Oregon puffin license plates. 7. For the third... Continue reading »
The law’s price controls will also deter companies from developing new medicines. A study I co-authored estimated that 135 fewer drugs will come to market through 2039 because of the Inflation Reduction Act. Research firm Vital Transformation’s forecast is even bleaker, predicting that the U.S. could lose 139 drugs within the next decade. ... Continue reading »
And it’s worth asking: Is it true that since 1974, policy debate in the United States has been dominated by a “growth-at-all-costs” brand of “free-market fundamentalism”? I don’t think that actually is true. Technically, the biggest pieces of environmental legislation passed just outside that window — the Clean Air Act in 1970, the...
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Reports that a powerful Rio drug lord known for his extremist religious beliefs ordered Catholic churches near his stronghold to close have spooked worshipers and security experts and exposed the advent of a “narco-pentecostal” movement made up of heavily armed evangelical drug traffickers. Claims emerged in the Brazilian press over the... Continue reading »
Here is one excerpt: What few appreciate is that the overregulation of housing has blocked a classic American path: moving to a higher-wage part of the country to secure a better life. A paper by the economists Peter Ganong and Daniel Shoag shows that housing costs now routinely outweigh wage gains: While janitors and waiters do indeed earn...
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Thursday assorted links
2024-07-11 11:40 Eastern Daylight Time by Tyler Cowen1. Singapore fact of the day uh-oh. 2. Benjamin Schneider on robotaxis. 3. Jon Hartley interview with Edmund Phelps. 4. The $150,000 dog. 5. Greg Mankiw on inflation and the Phillips curve. 6. Doctors using AI for rent-seeking (NYT). 7. America’s younger Catholic priests are more conservative? (NYT) 8. RIP, Sigrun Øen, mother of... Continue reading »
The polity that is Hawaii
2024-07-11 04:45 Eastern Daylight Time by Tyler CowenFrom an MR reader: The most Democratic legislature in the country passed two market-friendly bills this session. 1) HB2404 CD 1 represents the largest income tax cut in the State’s history (description and analysis here). 2) SB 3202 forces the counties to allow more construction of Accessory Dwelling Units on residential properties...
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Here is the video, audio, and transcript. Here is the episode summary: It’s not just the churrasco that made him fall in love with Brazil. Brian Winter has been studying and writing about Latin America for over 20 years. He’s been tracking the struggles and triumphs of the region as it’s dealt with decades of coups, violence, and shifting...
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Wednesday assorted links
2024-07-10 12:14 Eastern Daylight Time by Tyler Cowen1. Tibetan reincarnation sex appeal as a factor? 2. How much is infrastructure the main problem of northern England? 3. Vivek Ramaswamy speech on NatCon libertarianism. 4. The authoritarian side of AI legislation. 5. Those who held the Munro secret close. 6. Magnus beats Hans, Hikaru annotates. 7. Harmonic (it’s happening). The post ... Continue reading »
Rent Control
2024-07-10 07:14 Eastern Daylight Time by Alex TabarrokKholodilin offers a comprehensive review of the literature on rent control, some 206 papers, published and unpublished from 1967-2013. The results are summarized in the figure below where (-) indicates papers finding a negative effect, (0) no effect and (+) a positive effect. The top left figure, for example, shows, not surprisingly, that almost... Continue reading »
A new fee for Venice day trippers. A looming ban on vacation rentals in Barcelona. Restrictions on the sale of alcohol in Majorca. At a time when overwhelmed European destinations are slapping tourists with restrictions and fees, Copenhagen is trying a different approach: rewarding visitors who act responsibly. Beginning July 15, tourists who... Continue reading »
That is the topic of my latest Bloomberg column, here is one excerpt, starting with the reality of Brazilian hyperinflation in the early 1990s: Fortunately, economists and other reformers came to the rescue and designed an effective plan for currency stabilization. Brazil first created a virtual currency, called the URV, and switched contracts...
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Abhay Aneja and colleagues reveal that daughters of civil servants who were more exposed to female co-workers during WWI were significantly more likely to work. For each standard deviation increase in exposure to female co-workers, the gender gap in labor force participation for children narrowed by over 4 percentage points. This represents a...
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Tuesday assorted links
2024-07-09 12:06 Eastern Daylight Time by Tyler Cowen1. Religious membership aided post-hurricane recovery growth. 2. Anna Gát Hope Axis podcast with Noah Smith. 3. Peter Gray on social media and depression. 4. Intellectual courage as the scarcest resource. 5. Richard Ngo on counterproductive activism. 6. Is the happiness of the interviewer contagious? 7. Zvi on the Hanson-Alexander health... Continue reading »
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