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Geopolitics

I guess Mexico is solving for the equilibrium?

For some while I have wondered what would happen if the U.S. military sought to assist Mexico in taking out one of the top drug lords. I suppose now we are finding out. A few points: 1. There is a good chance a few more drug lords will be hit. It makes no sense to […] The post I guess Mexico is solving for the equilibrium? appeared first on Marginal REVOLUTION. Comments4. John Bolton would like a word! by ChrisUsing “take out” to mean kill or destroy is nauseating, and . by Take OutIn reply t...

Mexico
Economy

Sebastian Galiani on the Marginal Revolution

The most successful economics blog in the world is called Marginal Revolution. That is not an accident…. Consider a few common mistakes that reappear whenever marginal thinking is abandoned: Treating the owner’s biography—wealth, identity, status—as if it entered the firm’s marginal conditions. It does not. Confusing redistribution with allocation. Redistribution is a legitimate political choice, but […] The post Sebastian Galiani on the Marginal Revolution appeared first on Marginal REVOLUTI...

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