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Marginal Revolution

Marginal Revolution

Newsletter | United States | Centre-Right
marginalrevolution.com/

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

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Discussions from Marginal Revolution

Geopolitics

New space policy Substack from Mercatus

We are Rebecca, Max, and Aakrith. We are researchers at The Mercatus Center, a research organization dedicated to classical liberal ideas. Rebecca is a philosopher, Max is an economist, and Aakrith is a political scientist. Together, we are the Space Team, and this is our Substack. We’re here to persuade you that space policy is increasingly important. And that getting […] The post New space policy Substack from Mercatus appeared first on Marginal REVOLUTION. CommentsIn reply to Tom Meadowcro...

United States
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Economy

*Who Thinks Like an Economist?*

That is the title of a recent book by Beatrice Magistro. Some key results are: Economic knowledge consistently predicts higher support for welfare-enhancing policies (Eurozone membership, free trade, and EU immigration), independent on whether individuals stand to gain or lose initially from globalization. This challenges conventional self-interest accounts and instead highlights the role of economic […] The post Who Thinks Like an Economist? appeared first on Marginal REVOLUTION. Related S...

Global
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Politics

Andrew Hall is on a roll

He is one of the new(ish) thinkers on the rise, here is his latest piece. Excerpt: For most of the past decade, anti-billionaire language was a niche product. Democratic emails invoked billionaires in the mid-single digits through 2017 and 2018, spiked briefly to around 14 percent during the Warren and Sanders primary surge in 2019, […] The post Andrew Hall is on a roll appeared first on Marginal REVOLUTION. CommentsFIXED LINK: AI is the Democratic Party's Next Villain. by RADThe problem with...

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Healthcare

Progress against dementia

Mr Stallard has been working for a decade to corroborate this revelation. His findings have, if anything, become even more striking. Last year he and some colleagues published research in the Journal of the American Medical Association showing that, whereas 40 years ago three in every ten Americans aged 85-89 had dementia, by 2024 just one in […] The post Progress against dementia appeared first on Marginal REVOLUTION. Comments“Let's hope the ronanobots can rid us of these horrible . by Todd ...

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Culture

My Conversation with the excellent Joel Mokyr

Here is the audio, video, and transcript. Here is part of the episode summary: Tyler and Joel discuss European corporations vs. Chinese clans, why the Catholic Church became obsessed with cousin-marriage, how persistent cultural trends really are, why Chinese cities became so populous relative to Europe, why it took so long for European living standards […] The post My Conversation with the excellent Joel Mokyr appeared first on Marginal REVOLUTION. Related StoriesWhat to Watch and NotWhat sh...

Global
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Infrastructure

Why we stopped making land

From Zigmund Forrest and Maxwell Tabarrok in Works in Progress: In total, around eight percent of the land in America’s major coastal cities was underwater in the 1890s and has since been reclaimed. This includes the land under several major airports, like Newark, Logan, and SFO, as well as neighborhoods like the Financial District in […] The post Why we stopped making land appeared first on Marginal REVOLUTION. Related StoriesRent Control: The Ceiling TrapWhat should I ask Liaquat Ahamed?How...

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Technology

Can AI models consent to their own constitutions?

From Nick Caputo: NEW paper from me on SSRN: Can Claude consent to its own Constitution? AI constitutions (like Claude’s Constitution and the OpenAI Model Spec) are real constitutions, and we need to take how they govern us – and the AIs they create – seriously. In this paper, I apply constitutional theory’s oldest paradox […] The post Can AI models consent to their own constitutions? appeared first on Marginal REVOLUTION. Related StoriesThe Troubled History of Government Equity in Technology...

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Economy

Capital Gains Can Be Labor Income

Zwick and Zidar argue that a substantial share of the decline in labor share can be accounted for by changing forms of pay, including pass-throughs and equtiy compensation. In particular, if an employee is paid in stock and that stock increases in value then the tax rules tend to count some of that as capital […] The post Capital Gains Can Be Labor Income appeared first on Marginal REVOLUTION. CommentsIRS tax… 83b election wage income to capital gains by AtomRelated StoriesDo falling birth ra...

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Politics

Ilya Somin defends the American Revolution

1. Far from retarding the abolition of slavery, the Revolution actually accelerated it. Its triumph gave a big boost to Enlightenment liberalism, which inspired the First Emancipation in the US (the abolition of slavery in the North that became the first large-scale emancipation of slaves in modern history), and boosted antislavery movements in Europe, as well. 2. […] The post Ilya Somin defends the American Revolution appeared first on Marginal REVOLUTION. CommentsIn reply to Dismalist. Suga...

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Culture

*What Makes a Great Composer?: A Data-Driven Exploration of Music History*

A very good book, forthcoming, by Karol J. Borowiecki and Marc Lawx, here is the Amazon link, here is the Princeton University Press page. The post What Makes a Great Composer?: A Data-Driven Exploration of Music History appeared first on Marginal REVOLUTION. CommentsLaw, not Lawx by Glenn Mercer“What Makes a Great Composer?: A Data-Driven Exploration of . by deariemePeak economics imperialism. by MLCRelated StoriesRent Control: The Ceiling TrapJackson Dahl podcasts with me and Nabeel on ae...

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Environment

The history of heat deaths in Europe (from my email)

I will not double indent, all of what follows is from economic historian Daniel Gallardo Albarrán of the Netherlands: “…you posted a link to an article on how Europe became the world champion of heat deaths. Something that the article did not cover, which I find particularly outrageous is that Europe used to be at the forefront of […] The post The history of heat deaths in Europe (from my email) appeared first on Marginal REVOLUTION. Related Stories*What Makes a Great Composer?: A Data-Driven...

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Culture

Why we love this country

A Free Press feature for the 250th, here is my entry: Tyler Cowen can’t decide, so he picks about 20 things instead. My favorite thing about America is that I do not have a single favorite thing. We have the NBA (with a Toronto team too), the world’s best AI models, Alexander Calder sculptures, a […] The post Why we love this country appeared first on Marginal REVOLUTION. Comments“America goes not abroad, in search of monsters to destroy” . by Calvin HobbesIn reply to Dismalist. My second-gen...

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