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Houston France markets in everything
2024-08-06 03:51 Eastern Daylight Time by Tyler Cowen

Houston First, the city’s tourism department, revealed that it is paying $90,000 per year for three years — meaning the city will invest a whopping $270,000 to have the Michelin Guide here in Houston. Holly Clapham-Rosenow, Houston First’s chief marketing officer, says the city redirected some of its budget from various departments to the...

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The Long-Run Impacts of Banning Affirmative Action in US Higher Education
2024-08-06 01:29 Eastern Daylight Time by Tyler Cowen

This paper estimates the long-run impacts of banning affirmative action on men and women from under-represented minority (URM) racial and ethnic groups in the United States. Using data from the US Census and American Community Survey, we use a difference-in-differences framework to compare the college degree completion, graduate degree completion,...

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That was then, this is now, German edition
2024-08-05 14:52 Eastern Daylight Time by Tyler Cowen

Via Scott Sumner.

The post That was then, this is now, German edition appeared first on Marginal REVOLUTION.

Monday assorted links
2024-08-05 12:11 Eastern Daylight Time by Tyler Cowen

1. Rothfeld on Canetti.

2. New Euripides fragments discovered?

3. Varying observations on Bangladesh.

4. Wedding with lightsabers.

5. Seretse Khama.

6. Jake Seliger is entering hospice.

The post Monday assorted links appeared first on Marginal REVOLUTION.

A thread on Japan
2024-08-05 04:32 Eastern Daylight Time by Tyler Cowen

https://x.com/peruvian_bull/status/1820199767336702052?s=61

The cheery point, if you wish to go that route, is that both the Japanese stock market and yen simply are back to December 2023 levels.

The post A thread on Japan appeared first on Marginal REVOLUTION.

England and Wales fact of the day
2024-08-05 02:34 Eastern Daylight Time by Tyler Cowen

Image

Here is the source.

The post England and Wales fact of the day appeared first on Marginal REVOLUTION.

Dark oxygen: jubiliant for others, cry for yourself and your kin
2024-08-05 00:34 Eastern Daylight Time by Tyler Cowen

To summarize the new results:

An international team of researchers recently discovered that oxygen is being made by potato-shaped metallic nodules deep under the surface of the Pacific Ocean. In July, their findings, which throw into dispute the concepts of oxygen production, were published in the Nature Geoscience jonal. The discovery could lead...

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Sunday assorted links
2024-08-04 12:46 Eastern Daylight Time by Tyler Cowen

1. Tiger vs. small bear (NYT).

2. Is granting AIs legal freedoms one way to approach alignment issues?

3. More on aphantasia.

4. D.C.’s first Jane Austen ball.

5. Data on childless cat ladies.

6. Janan Ganesh on how and what to read (FT, noting I think he underrates our ability to pick out the very best current books).

7. Isonomia...

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Prices vs. price paths
2024-08-04 05:09 Eastern Daylight Time by Tyler Cowen

Recently I have been writing about how the federal government should not go further in bargaining or forcing down the prices of pharmaceutical drugs.  Supply is elastic and the benefits from new pharma drugs are enormous.

But it is not as simple as being “for higher prices.”  There is also a price trajectory over time.  Higher...

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What to think about ranked choice voting?
2024-08-04 01:02 Eastern Daylight Time by Tyler Cowen

That is the topic of my latest Bloomberg column, here is one key segment:

Game theory can help explain how ranked choice voting changes the behavior of candidates, as well as the elites who support them. Consider a ranked choice election that has five or six candidates. To win the election, you can’t just appeal to your base. You also can’t...

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Tyler Cowen playlist for Rick Rubin
2024-08-03 15:12 Eastern Daylight Time by Tyler Cowen

This one is for religious music, taken from various religions around the world, including yes Sikhs too.  Here are Rick Rubin playlists from other people, including Carlos Santana.

The post Tyler Cowen playlist for Rick Rubin appeared first on Marginal REVOLUTION.

Saturday assorted links
2024-08-03 11:32 Eastern Daylight Time by Tyler Cowen

1. Links from Sam Enright.

2. When you put animals on the banknotes.

3. How Nicholas Carlini uses AI.

4. Jon Hartley podcast with Acemoglu.

5. Scott Sumner on Bitcoin in the government portfolio. Or try the link here: https://www.themoneyillusion.com/provoked-by-a-provocative-piece/

6. New paper on the economics of extinction.

The post ...

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ChatGPT Advanced Voice Mode
2024-08-03 03:40 Eastern Daylight Time by Tyler Cowen

It is extremely versatile, very responsive to feedback, and has response lags comparable to that of a human, or better yet.  Just keep on telling it what to do, if you need to.  If you ask it to be better, guess what?  It gets better.  Her really is here.  Now.

Some complain that the foreign voices have American accents, presumably this is...

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El Salvador notes
2024-08-03 01:17 Eastern Daylight Time by Tyler Cowen

Here are a few observations from the trip:

1. El Salvador does truly seem safe, arguably “Canada safe” or maybe safer yet.

2. Hardly ever have I had quicker and more convenient airport and entry procedures.

3. Hardly any tourists are there, unless you count returning El Salvadorans from the United States.

4. For a small country,...

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Shaping the Habits of Teen Drivers
2024-08-02 14:18 Eastern Daylight Time by Tyler Cowen

Here is one new method to lower teen-age driving deaths:

We show that a targeted law can modify teens’ risky behavior. We examine the effects of an Australian intervention banning first-year drivers from driving late at night with multiple peers, which had accounted for one-fifth of their traffic fatalities. Using data on individual drivers...

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