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Marginal Revolution

Marginal Revolution

Newsletter | United States | Centre-Right

Economics blog by Tyler Cowen and Alex Tabarrok covering economics, culture, and ideas.

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Articles

Discussions from Marginal Revolution

Economy

“Dark labor” claims to upset almost everybody

This paper introduces Entangled Time — a novel economic variable representing the simultaneous production-consumption state characterizing human engagement with algorithmic digital interfaces. We develop a formal equilibrium model in which rational agents allocate time to zero-price digital platforms, where their behavioral data constitutes unpriced cognitive labor driving AI capital formation. We demonstrate three principal results. First, under […] The post “Dark labor” claims to upset almo...

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Economy

The economic value of eliminating cancer

This paper estimates the economic value to the United States of eliminating cancer mortality over a 35-year horizon beginning in 2030, which would eliminate 30.7 million cancer deaths with a total mortality burden of 380 million life-years. We quantify the economic value of this substantial reduction in cancer mortality by incorporating the monetized value of […] The post The economic value of eliminating cancer appeared first on Marginal REVOLUTION. Related Stories“Dark labor” claims to upse...

United States
Education

My dialogue with Jonathan Zittrain

At Harvard Law School, Jonathan is consistently excellent. The post My dialogue with Jonathan Zittrain appeared first on Marginal REVOLUTION. Related StoriesAnother possible cyberequilibrium? (from my email)The wisdom of RoonFinancial Regulation and AI: A Faustian Bargain?

United States
Technology

Self-driving vehicles and the cross-country drive

Following my post on cross-country driving, a reader asked me about this prospect but I suppose I am skeptical. First, self-driving vehicles make it too easy to read a book or stare at your phone. Driving yourself fixes your attention on what is unfolding before your eyes, and forces you to keep it there. You […] The post Self-driving vehicles and the cross-country drive appeared first on Marginal REVOLUTION. Related StoriesMy dialogue with Jonathan ZittrainAnother possible cyberequilibrium? ...

United States
Society

Struan Moffett on South Africa (from my email)

I think one important point you missed is that South Africa’s recent (and ancient) history has forced the population to work quite aggressively through racial differences at speeds that other developed nations have not. ‘Racial harmony’ would be a stretch, but I would say that most (all?) South African’s have a ‘racial understanding’. South Africa […] The post Struan Moffett on South Africa (from my email) appeared first on Marginal REVOLUTION. CommentsSouth Africa has some of the most racial...

South Africa
Technology

Another possible cyberequilibrium? (from my email)

I would not wish to bet on this, but it is an interesting idea: I wonder if the cyber capabilities of Mythos and future models ultimately lower the returns to ‘hacking,’ perhaps below the point where such efforts are worth investing in. Say you’re a nefarious actor and uncover a critical, zero-day exploit in an […] The post Another possible cyberequilibrium? (from my email) appeared first on Marginal REVOLUTION. CommentsFor some exploits, you only need to get in once. Your process . by AI Guy...

Global
Culture

What should I ask Bob Spitz?

Yes I will be doing a Conversation with him, Wikipedia here. I very much enjoyed his new book on the Rolling Stones, plus he has many older books of note, including on the 1969-1970 Knicks, Woodstock, Ronald Reagan, Bob Dylan, the Beatles, Led Zeppelin, and Julia Child. All good books! He also for a while […] The post What should I ask Bob Spitz? appeared first on Marginal REVOLUTION. Related StoriesMy very interesting Conversation with Arthur C. BrooksSentences to ponderWhat should I ask And...

United States
Culture

Driving cross-country

I have driven cross-country four times, at least if you count a 3/4 trip as valid. I also have driving experience in virtually all states, including Hawaii and Alaska, neither of which would be part of typical cross-country travel. I recommend this mode of transport highly, especially for the United States. Here are a few […] The post Driving cross-country appeared first on Marginal REVOLUTION. CommentsWhy not camp half the nights (eastern US has far fewer national . by rsmI've taken a train ...

United States
Politics

New Emergent Ventures tranche on science policy and communication

American science policy is now more important than at perhaps any previous point in history—how science is organized and funded (or not funded) in this country continues to rise in significance. I have also spoken about the undersupply of people who understand this and are trying to act on it in Washington. Unfortunately the career […] The post New Emergent Ventures tranche on science policy and communication appeared first on Marginal REVOLUTION. CommentsIn reply to Ga4 report – Trading Desk...

United States
Culture

South African discussions

These days South Africa is one of the best places to go to have interesting conversations. Obviously an English-fluent country does have many people following Trump, Islam in Europe, and so on. But you can have so many conversations about quite different topics, topics that are hardly covered in other parts of the world. Like […] The post South African discussions appeared first on Marginal REVOLUTION. Comments“It is easy to get into conversations with people from . by DismalistRelated Storie...

South Africa
Education

The Public Choice Outreach Conference!

The annual Public Choice Outreach Conference is a crash course in public choice. The conference is designed for undergraduates and graduates in a wide variety of fields. It’s entirely free. Indeed scholarships are available! The conference will be held Friday June12- Sunday June 14 , near Washington, DC in Reston, VA. Lots of great speakers […] The post The Public Choice Outreach Conference! appeared first on Marginal REVOLUTION. Related StoriesMigrant Income and Long-Run Economic Development...

United States
Healthcare

Interpreting Polygenic Prediction of Cognitive Ability

The subtitle is Evidence for Direct, Reliable, and Portable Genetic Effects, and the authors are Tobias Wolfam, et.al. The abstract: The interpretation of polygenic scores (PGS) for general cognitive ability (GCA) remains contested, with concerns about indirect genetic effects, environmental confounding, cross-ancestry portability, and the gap between PGS prediction and twin heritability estimates. Relying on […] The post Interpreting Polygenic Prediction of Cognitive Ability appeared first o...

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