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Marginal Revolution

Marginal Revolution

Newsletter | United States | Centre-Right
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Economics blog by Tyler Cowen and Alex Tabarrok covering economics, culture, and ideas.

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Articles

Discussions from Marginal Revolution

Culture

Betting markets in everything

Alan and Karen Miller’s first dance was a win-or-lose moment for many of their wedding guests. As the couple glided across the floor during their reception in New Rochelle, N.Y., last year, attendees kept track of the chosen artist and the length of the dance. Earlier in the night, they had noted their guesses on […] The post Betting markets in everything appeared first on Marginal REVOLUTION. CommentsIn reply to Naveen_K. human nature has been tried and it has . by &Remember that Friday the ...

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Technology

Alec Stapp on the new Science report from Michael Kratsios

Major new report from the White House Office of Science and Technology Policy. Five things in the report I really liked: 1. Proposes metascience units as a way to advance experimentation in science agencies. IFP recommended OSTP take this forward in our response to a 2025 RFI. 2. Advocates for a portfolio approach to federal […] The post Alec Stapp on the new Science report from Michael Kratsios appeared first on Marginal REVOLUTION. Related StoriesIs America ruled by an oligarchy?Words of wi...

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Geopolitics

Words of wisdom on Chinese AI and our responses

The strategy for China is obvious: commoditize your complements. Note that Xi explicitly ties openness to AI “moving from the digital world into the physical world”; the physical world is the world dominated by China, and the country’s lead in areas like robotics is going to massively benefit from widely available AI models. Along the […] The post Words of wisdom on Chinese AI and our responses appeared first on Marginal REVOLUTION. CommentsReminds me of discussions in Britain and Germany bef...

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Politics

Is America ruled by an oligarchy?

Any time you hear claims about American government, a sanity-inducing response is to ask whether they also are true of state and local governments. Here is an excerpt from my latest piece at The Free Press: First, in people’s daily lives, they typically interact with their state and local governments more than with the feds. […] The post Is America ruled by an oligarchy? appeared first on Marginal REVOLUTION. CommentsRelevant. by PlamusIn reply to Steve Sailer. No worries. History has never s...

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Healthcare

The economic effects of GLP-1s

We estimate the causal impacts of GLP-1 treatment on labor market outcomes using linked Danish administrative data and a matched stacked difference-in-differences design. We compare patients who initiate GLP-1 treatment during the first two years of Semaglutide availability to observably similar patients who initiate four years later. We find that GLP-1 treatment reduces long-term sickness […] The post The economic effects of GLP-1s appeared first on Marginal REVOLUTION. Related StoriesThe sm...

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Culture

Markets in everything?

Peter Brook‘s five-hour-plus film adaptation of “The Mahabharata” is set for a BFI Blu-ray release on Aug. 10, presented in high definition from a new 4K restoration of the 1989 production. The release centres on the triptych version of the film, running 332 minutes, which sits between Brook’s three-hour cinema cut and the six-hour television version he shot […] The post Markets in everything? appeared first on Marginal REVOLUTION. CommentsTC seems to have fixated on this ethnic-casting fetis...

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Technology

Emergent Ventures winners, 56th cohort

Audrey London, Los Angeles, to write a book on water in California. Seyi Oluwasanmi, London, to bring Brits to SF to learn tech. Thomas Haferlach, Berlin, payments and compute layer for the long tail of AI apps. Juan Ramón Egea Fernández, Andalusia, tech. Teo Spiro, Israel, AI and biology. Amitav Krishna, suburban Ontario, 14, quantum. […] The post Emergent Ventures winners, 56th cohort appeared first on Marginal REVOLUTION. Related StoriesMy excellent Conversation with Chase Koch*Who Thinks ...

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Politics

Democrats are more politically segregated than are Republicans

We estimate the extent of workplace political segregation in the United States by merging data covering over 45 million workers. We present four main findings. First, partisans are segregated by workplace. The average Democrat’s coworkers are 11.7 percentage points (pp; 95% confidence interval (CI) [10.6, 12.8]) more Democratic than the average Republican’s. After controlling for […] The post Democrats are more politically segregated than are Republicans appeared first on Marginal REVOLUTION....

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Society

How does social media change people?

I would not trust the results of this (or any) paper on this topic very much, but it is good to see some inquiry along different dimensions than the usual: Past research explored the beneficial and harmful effects of social media (SM), but no study has investigated how SM might change people’s identities. Authors suggest […] The post How does social media change people? appeared first on Marginal REVOLUTION. CommentsIn reply to john. You're overlooking the vital qualifier that . by mkt42“I wo...

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Culture

Cross-ethnic casting

I complained about the casting of The Odyssey per se (the blind beggar was best), but in general I do not mind cross-ethnic casting. I am glad Elizabeth Taylor played Cleopatra, Dev Patel played David Copperfield, Denzel Washington played Macbeth, black and Latino actors play white parts in Hamilton, and that Morgan Freeman can play […] The post Cross-ethnic casting appeared first on Marginal REVOLUTION. CommentsAre the commenters mad about a black Helen protesting reverse . by rsmRelated Sto...

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Culture

*The Odyssey*, the movie (no real spoilers)

I can’t say I loved it. The Circe scene was excellent, Cyclops was good, and the battles in Troy were well done. But most of the roles were miscast. I like Matt Damon, but he is too “Good Will Hunting” to play Odysseus. The character did not cohere. (Compare to Ralph Fiennes in the superior […] The post The Odyssey, the movie (no real spoilers) appeared first on Marginal REVOLUTION. CommentsIn reply to ndp_jwh. …and yeah I acknowledge Jaguar sales . by ndp_jwhIn reply to Naveen_K. “staffed ...

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Business

The small business boom

Across the country, founders like Ms. Winkler are powering an entrepreneurial renaissance. Jump-started by the pandemic, when a confluence of factors including mass layoffs and remote work led to a flood of business creation, and supercharged by the rise of artificial intelligence, start-up activity is booming after a decades-long slump. Americans filed 5.7 million applications last […] The post The small business boom appeared first on Marginal REVOLUTION. CommentsSomeone should track the re...

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