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Small Steps Toward A Much Better World
Site URL: marginalrevolution.com/
Feed URL: feeds.feedblitz.com/marginalrevolution&x=1
Posts: 34
Followers: 3
USA fact of the day
https://feeds.feedblitz.com/~/904844858/0/marginalrevolution~USA-fact-of-the-day.html
Published: September 18, 2024 18:12
For the first time in decades, public health data shows a sudden and hopeful drop in drug overdose deaths across the U.S. “This is exciting,” said Dr. Nora Volkow, head of the National Institute On Drug Abuse [NIDA], the federal laboratory charged with…
Why do workers dislike inflation?
https://feeds.feedblitz.com/~/904835561/0/marginalrevolution~Why-do-workers-dislike-inflation.html
Published: September 18, 2024 16:02
How costly is inflation to workers? Answers to this question have focused on the path of real wages during inflationary periods. We argue that workers must take costly actions (“conflict”) to have nominal wages catch up with inflation, meaning there are…
Wednesday assorted links
https://feeds.feedblitz.com/~/904811279/0/marginalrevolution~Wednesday-assorted-links.html
Published: September 18, 2024 06:50
1. Stanford remote work conference will be held in person. 2. What the other people say too. 3. What is bottlenecking progress in chemistry? 4. Prizes for submitting difficult questions for AIs. 5. Can AI improve health care pricing? 6. Some new and…
What Fusion Energy Can Learn From Biotechnology
Published: September 18, 2024 04:37
Fusion energy is currently facing many of the same opportunities and challenges as the biotechnology industry of the 1970s: exciting scientific and engineering breakthroughs that could change the course of human history, with sufficient public and private…
Scholars in support of the Moraes Brazil decision against X
Published: September 18, 2024 00:46
Here is the link, in Portuguese, here is part of a Claude translation: We, the undersigned, wish to express our deep concern about the ongoing attacks by Big Tech companies and their allies against Brazil’s digital sovereignty. The Brazilian judiciary’s…
Ungated audio of my American dream debate
Published: September 17, 2024 20:12
Moderated by Bari Weiss, here it is. I teamed with Katherine Mangu-Ward, vs. David Leonhardt and Bhaskar Sunkara. The post Ungated audio of my American dream debate appeared first on Marginal REVOLUTION. Related StoriesMexico political challenge of…
Mexico political challenge of the day
Published: September 17, 2024 17:50
When Mexicans arrive at voting booths next year to elect their judges for the first time, they face a unique and daunting task. In the capital Mexico City, voters will have to choose judges for more than 150 positions, including on the Supreme Court, from…
Tuesday assorted links
https://feeds.feedblitz.com/~/904775477/0/marginalrevolution~Tuesday-assorted-links.html
Published: September 17, 2024 16:00
1. “About 27% of firms using AI report replacing worker tasks, but only about 5% experience employment change due to AI use.” 2. Who is the greatest British novelist of all time? You get to vote, too. 3. How far can Irvine (CA) go? 4. How and why drug…
China estimate and debate of the day
Published: September 17, 2024 07:07
A major sign of Chinese economic malaise: In 2018, 51,302 new startups were founded in China. Last year, that number dropped to 1,202. Here is one link, leading to others. Here is an attempt to talk down the relevance of those numbers. I would mention…
How to persuade to YIMBY?
https://feeds.feedblitz.com/~/904747532/0/marginalrevolution~How-to-persuade-to-YIMBY.html
Published: September 17, 2024 05:06
Recent research finds that most people want lower housing prices but, contrary to expert consensus, do not believe that more supply would lower prices. This study tests the effects of four informational interventions on Americans’ beliefs about housing…
The Economic Consequences of the French Wealth Tax
Published: September 16, 2024 20:08
By Eric Pichet, here is the abstract: Despite attempts to ‘unwind’ the Impôt de Solidarité sur la Fortune (‘Solidarity Wealth Tax,’ the French wealth tax) during the last legislature (2002-2007), ISF yields had soared by 2006, jumping from €2.5 billion in…
State capacity and economic development
Published: September 16, 2024 18:00
I do not in general trust such methods, but the conclusions are not unwelcome to me: I provide new empirical estimates of the effect of state capacity on economic development across countries over the period 1960–2022. Specifically, I construct a…
Monday assorted links
https://feeds.feedblitz.com/~/904709150/0/marginalrevolution~Monday-assorted-links.html
Published: September 16, 2024 16:10
1. Markets in church real estate. You can expect their business to grow. 2. Not Quite Past. For instance, make your own Delftware using AI. Here is further information. 3. Smart goose deterrent system. 4. Tracking SEC inquiries using geolocation data.…
India and the US
https://feeds.feedblitz.com/~/904694453/0/marginalrevolution~India-and-the-US.html
Published: September 16, 2024 11:14
Good op-ed from Arthur Herman and Aparna Pande: [H]ow America approaches its relations with India — the world’s largest democracy, its most populous nation and very soon its third-largest economy — may determine the balance of global power for the 21st…
Dean Ball on AI and prediction markets
Published: September 16, 2024 04:49
What if an LLM read all my writing, listened to all my podcast appearances, and perhaps even to some of my private or semi-private conversations, and then placed hundreds of micro-bets for me, updating them as my own thinking evolved? What if LLMs did this…
Are “anchor babies” underrated?
https://feeds.feedblitz.com/~/904682039/0/marginalrevolution~Are-anchor-babies-underrated.html
Published: September 16, 2024 04:33
Did you worry about the 2020 fall in U.S. fertility? Well, ponder this: Birth rates in Canada and the USA declined sharply in March 2020 and deviated from historical trends. This decline was absent in similarly developed European countries. We argue that…
Sunday assorted links
https://feeds.feedblitz.com/~/904658525/0/marginalrevolution~Sunday-assorted-links.html
Published: September 15, 2024 16:55
1. A new mode of national defense for Europe? 2. AI creating a ten-minute podcast on how to practice thinking. Some good advice in there! 3. Robert Moses, The Power Broker, finally coming to eBook September 16. 4. John Stossel on election prediction…
USA fact of the day
https://feeds.feedblitz.com/~/904638500/0/marginalrevolution~USA-fact-of-the-day.html
Published: September 15, 2024 11:14
Surprised to learn that the US is below the OECD average for out of pocket health care spending as a fraction of per capita consumption, with virtually the same % as Canada. That is Jason Abaluck, via the wisdom of Garett Jones. The post USA fact of the…
What is Haitian food like in the United States?
Published: September 15, 2024 04:46
As late as the 1990s, food in Haiti probably was the best in the Caribbean, and it certainly was regarded as such. There were fancy French-Caribbean fusion restaurants in Petitionville with amazing seafood, and there was high quality street and…
Saturday assorted links
https://feeds.feedblitz.com/~/904598234/0/marginalrevolution~Saturday-assorted-links.html
Published: September 14, 2024 15:35
1. Is there a rationale for natural monopoly regulation in AI services? 2. Three mistakes in the moral mathematics of existential risk. I don’t agree with everything in there, but quite an interesting piece, forthcoming in Ethics by David Thorstad. 3.…
Civil War
https://feeds.feedblitz.com/~/904587962/0/marginalrevolution~Civil-War.html
Published: September 14, 2024 11:21
I knew Civil War (now streaming on HBO/Max) was going to be good when just a minute or so in you see an explosion in the distance and only later do you hear the sound wave. [Mild spoilers may follow.] Shortly after, we meet war journalist Lee (Kirsten…
The economics of ride-sharing
https://feeds.feedblitz.com/~/904580147/0/marginalrevolution~The-economics-of-ridesharing.html
Published: September 14, 2024 06:41
This paper examines the impact of the emergence of the “gig economy” on the broader labor market by exploiting the staggered introduction of the ridesharing service Uber to American Cities between 2013 and 2018. Using difference-in-differences methods,…
“four percent of humanity subscribes to OnlyFans” (from my email)
Published: September 14, 2024 04:36
Andrew Cedotal writes me: This issue came up with the post where someone claimed that N% of Americans were active OnlyFans content creators, here it is again! For software services, total accounts ever created is a vanity metric. It’s not used by serious…
Is the American dream alive and well?
Published: September 13, 2024 17:44
A Free Press Debate. “Tyler Cowen, Katherine Mangu-Ward, David Leonhardt, and Bhaskar Sunkara duke it out over the state of the economy.” Here is the video, for Free Press subscribers only. A splendid time was had by all. The post Is the American dream…
Friday assorted links
https://feeds.feedblitz.com/~/904545380/0/marginalrevolution~Friday-assorted-links.html
Published: September 13, 2024 15:39
1. “I will not tell you why Brazilians cannot buy cheap and safe sunglasses.” From an economic theorist. 2. Brutalist KFC. 3. “These results strongly suggest Neanderthal-derived DNA is playing a significant role in autism susceptibility across major…
AI and Biology
https://feeds.feedblitz.com/~/904533161/0/marginalrevolution~AI-and-Biology.html
Published: September 13, 2024 11:12
I think AI is going to have some if its biggest effects on biology. Biological pathways are among the most complex in all of science. People are good at handling two or maybe three variable problems but just keeping three variables and their interactions…
Strawberry Alarm Clock!
https://feeds.feedblitz.com/~/904516796/0/marginalrevolution~Strawberry-Alarm-Clock.html
Published: September 13, 2024 04:10
Deep Prasad writes: OpenAI just released an AI as smart as most PhDs in physics, mathematics and the life sciences. Wake up. The world will never be the same and in many ways, it will be unrecognizable a decade from now. Mckay Wrigley is enthusiastic: o1’s…
Election markets are live at Kalshi!
Published: September 13, 2024 01:24
https://elections.kalshi.com/ For real, legal and open to U.S. citizens. Lots of liquidity is expected. The post Election markets are live at Kalshi! appeared first on Marginal REVOLUTION. Related StoriesEquality Act 2010Honduras and its…
My video contribution to the new Strawberry release
Published: September 12, 2024 17:52
One and a half minutes, you will find it here, mostly me talking about how well the new OpenAI o1 model does economics. Spinoza (the dog) steals the show. As I said to the OpenAI film crew, “Spinoza may not be AGI, but if you leave any foodstuffs near the…
OpenAI announces “Strawberry”
https://feeds.feedblitz.com/~/904494725/0/marginalrevolution~OpenAI-announces-Strawberry.html
Published: September 12, 2024 17:26
From the great Norm Brown, the link to the more detailed OpenAI page is here. And a preview page here. Step by step advanced reasoning, now a reality, with some pretty incredible benchmark achievements. Too much to say, right? Here is the accompanying…
Thursday assorted links
https://feeds.feedblitz.com/~/904488113/0/marginalrevolution~Thursday-assorted-links.html
Published: September 12, 2024 16:47
1. Comment directly on top of arXiv links. 2. Latent polarization, based on values clusters. 3. Reading scrolls from the ancient world. 4. The wrong kind of city? 5. GMU Econ Society. 6. Does non-response bias make the economy look better than it really…
Equality Act 2010
https://feeds.feedblitz.com/~/904456928/0/marginalrevolution~Equality-Act.html
Published: September 12, 2024 07:01
The UK’s Orwellian sounding Equality Act 2010 is strikingly Marxist. It demands equal pay for work of equal value where these are defined as follows: A’s work is equal to that of B if it is like B’s work, rated as equivalent to B’s work, or of equal value…
Two missing markets
https://feeds.feedblitz.com/~/904451615/0/marginalrevolution~Two-missing-markets.html
Published: September 12, 2024 04:15
The London Times, in its Sunday on-line culture section, no longer has a weekly article listing what they think are the best books of the year. Yet they continue to run similar weekly articles for music and film and television. The books feature has, for…
Which U.S. Stocks Generated the Highest Long-Term Returns?
Published: September 12, 2024 04:10
This report describes compound return outcomes for the 29,078 publicly-listed common stocks contained in the CRSP database from December 1925 to December 2023. The majority (51.6%) of these stocks had negative cumulative returns. However, the investment…