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Back in the fifties, kids didn't even have seatbelts. My dad tells me that in 1971 I came home from the hospital the old-fashioned way: In my mother's arms. Nowadays, in contrast, we transport our babies using special infant carriers - and face a lot...
(May 29, 2009 12:19 PM, by Arnold Kling) This lecture is on the household's "make or buy" decision. The more we outsource production, the more economic activity there is. In a recession, we cut...
Atul Gawande writes, many physicians are remarkably oblivious to the financial implications of their decisions. They see their patients. They make their...
Greg Mankiw reports that the yield curve is steep, meaning that long-term interest rates have risen. In my view, this is perfectly rational, and it shows...
A reporter called me to give the "anti" side of the case for going "green." It's not hard. It is a matter of basic economics. 1. Suppose that a gallon of...
(November 22, 2009 06:13 PM, by Arnold Kling) Robert Shiller writes, Consider this possibility: after all these months, people start to think it's time for the recession to end. The very thought begins to renew confidence, and some people start...
(November 22, 2009 01:52 PM, by David Henderson) Like Bryan, I received the same request from the same friend: what question(s) would I want to put on a survey of economists. My response was that I would want the question on the minimum wage asked...
(November 22, 2009 01:35 PM, by Arnold Kling) Seth Roberts interviews Tyler Cowen, who says, I am very interested in the topic of "styles of thought in economics." Robert Solow, my thesis adviser, was a big fan of starting with simple numerical...
(November 22, 2009 01:30 PM, by Arnold Kling) From Jeff Jacoby Those immigrants didn't come here in order to be lawbreakers; they broke a law in order to come here. If you had a store that was the only place people could go to buy bread, and people...
(November 22, 2009 12:00 AM, by Bryan Caplan) As an undergraduate, I spent hundreds of hours pondering the foundations of morality, also known as "meta-ethics." In the end, the young Michael Huemer converted me to ethical intuitionism, a view I've...
