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Marginal Revolution

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Tyler Cowen  Alex Tabarrok

Marginal Revolution is a blog focused on economics run by economists Tyler Cowen and Alex Tabarrok, both of wh [Read More]

Categories: Economics | Life and Leisure

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Latest Posts:

Are quality-adjusted medical prices declining for chronic disease?
At least for diabetes care, the answer seems to be yes, according to Karen Eggleson, We analyze individual-level panel data on medical spending and health outcomes for 123,548 patients with type 2 diabetes in four health systems. Using a "cos...
Marginal Revolution
Tuesday, June 25, 2019

Tearing Up an Economics Textbook
Robert Samuelson, the economics columnist, has written a column titled, It's time we tear up our economics textbooks and start over. What he actually says is we should tear up Greg Mankiw's Principles of Economics: But as a teaching device, [Mankiw's...
Marginal Revolution
Tuesday, June 25, 2019

Lobbying sentences to ponder
Specifically, corporations lobby more, and harder, as legislatures polarize, but they do so primarily in response to rising liberalism among Democrats. Here is the full paper by William Massengill, via Matt Grossman. The post Lobbying sentences to po...
Marginal Revolution
Tuesday, June 25, 2019

The rise of the non-religious in the Middle East and nearby
Here is the BBC source, which has several other interesting pieces of information, for instance in the polled countries Erdogan is more popular than Putin who in turn is more popular than Trump: 51-28-12% on the approval ratings. The post The rise of...
Marginal Revolution
Tuesday, June 25, 2019

Those new (?) service sector jobs
Teen mail boat jumpers: "Rain or shine won't keep these mail jumpers from their appointed rounds. Each year a bunch of high school seniors try out as mail jumpers on Wisconsin's Lake Geneva and it may be the best summer job ever. The challenge is to ...
Marginal Revolution
Monday, June 24, 2019

Monday assorted links
1. The commercialization of cornhole. 2. Argentina interview (in Spanish). 3. China and North Korea (NYT). 4. Robert Kaplan on China and other stuff. 5. "This study uses an experimental design to explore how people react to criminal stigma in the con...
Marginal Revolution
Monday, June 24, 2019

The Economist covers Why Are the Prices So D*mn High?
The Economist does a very nice job covering Why Are the Prices So D*mn High. Baumol's earliest work on the subject, written with William Bowen, was published in 1965. Analyses like that of Messrs Helland and Tabarrok nonetheless feel novel, because t...
Marginal Revolution
Monday, June 24, 2019

We place too much weight on redundant information
The present work identifies a so-far overlooked bias in sequential impression formation. When the latent qualities of competitors are inferred from a cumulative sequence of observations (e.g., the sum of points collected by sports teams), impressions...
Marginal Revolution
Monday, June 24, 2019

Is the generalist returning?
It would be supremely ironic if the advance of the knowledge economy had the effect of devaluing knowledge. But that's what I heard, recurrently, while reporting this story…If that's the case, I asked John Sullivan, a prominent Silicon Valley talent ...
Marginal Revolution
Monday, June 24, 2019

Why aren't remote interviews as useful as face-to-face interactions?
Skype and Zoom aren't quite as good as meeting in the physical world. But why? Pioneer and Emergent Ventures are looking to fund research on exactly how and why video conferencing interactions are different. Apply at  and mention ...
Marginal Revolution
Sunday, June 23, 2019

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