Tag: Tyler Cowen
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Finally, Economists Acknowledge That They’re Biased
Forbes: Finally, Economists Acknowledge That They're Biased … It’s striking that so many economists have praised his [Tyler Cowen] op-ed: usually, economists (with much reason) point to how their conclusions are dispassionate, fact-based and (quasi) scientific as evidence for their validity. You would think that Cowen’s conclusion that most economists are not just disembodied scientists…
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Saturday Links
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in Asia, China, Current Affairs, Economic Development, Economics, Evolution, Gender and Sex, Immigration, Links – Saturday, Religion, Science, Sports and Entertainment, Technology, Technology (Biotech & Health), Technology (Digital, Telecom, & Internet), Technology (Energy), Technology (Food & Water), Technology (Manufacturing & Construction)), Technology (Transportation & Distribution), Wealth and Income, Weatlh and Income Distribution1. The United States had its financial bubble. Europe is having one too. Is China next? If it is, it could reshape the global economy and radically reshape the Chinese government. Here is an interesting piece about China’s real estate bubble. 2. Robert Tracinski thinks we are in the midst of a Third Industrial Revolution.…
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MRU Development Economics: Guns, Germs, and Steel
This is the next installment in the MRU Development Economics class. Cowen and Tabarrok give an overview of Jared Diamond's influential book, Guns, Germs, and Steel: The Fates of Human Societies, which explores the influence of geography on human development over the millennia. [This is a 2015 version of the 2012 version that is no…
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Does wealth equal power? – Tyler Cowen
Marginal Revolution: Does wealth equal power? … There are several reasons why wealth does not translate into power so easily. First, effective philanthropy is extremely difficult to achieve, especially if that philanthropy is trying to counteract prevailing social trends. Nor should it be assumed that non-profits are always the drivers of change. Second, the wealthy…
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Rising Wealth Inequality: Should We Care? (Tyler Cowen)
New York Times: Rising Wealth Inequality: Should We Care? (Tyler Cowen) Why do Americans seem unperturbed about the growing gap between the rich and the poor? First, a lot of Americans live very well, even if they don’t enjoy all of the benefits of the lifestyles of the very wealthy. It is quite possible that…
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Common Mistakes Economists Make, Left and Right
Tyler Cowen has written two posts that highlight mistakes he thinks economists make from the left and from the right. Interesting reading. Common mistakes of left-wing economists? Common mistakes of right-wing and market-oriented economists?
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Will the informal sector drive third world growth?
Marginal Revolution: Will the informal sector drive third world growth? Tyler Cowen No: The overall picture of economic development that emerges from this analysis is in some ways very similar to the traditional pre‐growth‐theory development economics, although it is related to the modern reformulations of economic growth through the lens of development economics (Banerjee and…