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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...