ECONOMY

Singapore’s Pay Model Isn’t India’s: Market Wages vs. Civil-Service Rents

In my post How High Government Pay Wastes Talent and Drains Productivity I pointed to evidence that high government compensation…

10 months ago

The Danger from Japan

Answer: America won. Every generation launches a new competitor to America and the people who don’t like capitalism and America’s…

10 months ago

“A bunch of economists”

Here is the link. The post “A bunch of economists” appeared first on Marginal REVOLUTION. Source link

10 months ago

What to Watch (or Not): Ballard, Perfect Days, Billy Joel

Ballard (Amazon Prime) — I liked Bosch, so I had high hopes for this spinoff. The core premise—a team of…

11 months ago

Genius, Rejected: Emergent Ventures Versus the System

Quanta Magazine has a good piece on a 17-year-old student who disproved a long-standing conjecture in harmonic analysis: Yet a paper…

11 months ago

The economics of the U.S. auto industry, a brief history

From Adam Ozimek: The economic value of the cars being made has climbed substantially through the years. As a result,…

11 months ago

Design Your Own Rug!

For my wedding anniversary, I designed and had hand-woven in Afghanistan a rug for my microbiologist wife. The rug mixes…

11 months ago

The Rising Cost of Child and Pet Day Care

Everyone talks about the soaring cost of child care (e.g. here, here and here), but have you looked at the soaring cost of…

11 months ago

D’accord !

That is from the French embassy in the UK. The post D’accord ! appeared first on Marginal REVOLUTION. Source link

11 months ago

Technology Transfer and Development Economics

Willis Carrier invented modern air conditioning around 1904 but technological innovations often take a long time to travel to less…

11 months ago