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Marginal Revolution

Marginal Revolution

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

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Discussions de Marginal Revolution

Technology

Emergent Ventures winners, 54th cohort

Kenny Guo, Krish Chhajer, Luthira Abeykoon Mudiyansela, Toronto, quantum computing. Jolie Gan, Calgary/SF, a publication on science and meta-science. Hudson Mitchell-Pullman, 16, San Diego, how users interact with LLMs to learn. Adnan Manna, 17, Amman, Jordan, finding exoplanets. Heloise Hoffman, Stanford, biomedical research to cure her own rare disease. M.F. Libano-Monteiro, Portugal/LSE, economics education through […] The post Emergent Ventures winners, 54th cohort appeared first on Margi...

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Economy

The carousel trade (arbitrage)

Imagine two companies which are secretly controlled by the same people. If company A imported some phones, then sold them to company B, it charged VAT on the deal. If company B then exported the phones, it reclaimed — from the government — the VAT it had paid to company A. the integrity of the […] The post The carousel trade (arbitrage) appeared first on Marginal REVOLUTION. CommentsThis is not arbitrage. This is fraud. Arbitrage means risk-free . by SohailRelated StoriesLiberal Economists Sc...

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Society

Ross Douthat on what AI money should learn from the golden age of philanthropy

This was a great failure of the most recent philanthropic era. At its best, the infrastructure established by figures like Gates delivered effective efforts to reduce poverty and fight disease; at its worst, it threw money after fashionable political causes and education fads. But there was no real legacy when it came to physical infrastructure […] The post Ross Douthat on what AI money should learn from the golden age of philanthropy appeared first on Marginal REVOLUTION. CommentsI was not a...

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Technology

Robert Wright’s *The God Test*

The subtitle is Artificial Intelligence and Our Coming Cosmic Reckoning, due out June 23. In the first chapter, Wright summarizes four of his perspectives, these are my paraphrases of his pp.5-6: 1. When it comes to AI, we should be somewhere on the awe spectrum. 2. We can create a future where the upside of […] The post Robert Wright’s The God Test appeared first on Marginal REVOLUTION. CommentsIt looks like LLMs will transform business. However, if we get . by bazzaWhat does this even mea...

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Politics

*In the Realm of the Last Man*

As Mark Lilla, a recovering Straussian, once remarked, they [the Straussians] were like craftsmen building a house brick by brick on a foundation that Leo Strauss had laid. But they would never become architects of that house, or decide that the house was too small for them to comfortably live in. Moreoever, Strauss disparaged social […] The post In the Realm of the Last Man appeared first on Marginal REVOLUTION. CommentsIn reply to ElsieT. I’ve probably read Fukuyama’s name a . by Cancelle...

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Healthcare

India fertility facts of the day

Ten notable facts from India’s new SRS Statistical Report 2024 published two days ago: 1) India’s total fertility rate (TFR) has dropped to 1.88 (rounded up to 1.9 in the figures) in 2024 from 1.92 in 2023. 2) This drop is roughly the historical speed of the last few decades. India’s TFR was 4.3 in […] The post India fertility facts of the day appeared first on Marginal REVOLUTION. Related StoriesTajikistan fact of the dayWho is losing out in marriage market competition?Why I am skeptical on ...

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Economy

Trade and the End of Antiquity

What was the role of trade, and how did economic activity evolve at the End of Antiquity, when political power shifts away from the Mediterranean towards northern Europe and the Middle East? To answer those questions, we assemble a database of hundreds of thousands of ancient coins from the fourth to the tenth century, estimate […] The post Trade and the End of Antiquity appeared first on Marginal REVOLUTION. CommentsIn reply to Bill Allen. Wow. You really flushed out the . by MikePMeanwhile,...

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Culture

What should I ask Martha Nussbaum?

Yes, I will be doing a Conversation with her. Most of all focusing on her recent book The Republic of Love: Opera and Political Freedom. So what should I ask her? The post What should I ask Martha Nussbaum? appeared first on Marginal REVOLUTION. CommentsIn reply to EBUG. You do not misunderstand her. Nussbaum's . by epocheIn reply to Dismalist. Very helpful. We just had a talk today . by Michael TinklerIn reply to celestus. Yes, Minister on Opera. Four minutes. by DismalistThoughts on Glass' ...

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Healthcare

Is psychotherapy underdiscussed these days? (from my email)

I listened to your recent conversation with Arthur C. Brooks and found myself struggling with his core premise. His framing of happiness seems to reduce it to something like a biological or behavioural optimisation problem, which feels quite far from how psychotherapy traditionally and historically understands it. I tried to find where he engages with […] The post Is psychotherapy underdiscussed these days? (from my email) appeared first on Marginal REVOLUTION. Related StoriesWhat should I as...

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Culture

*Last Evenings with Teresa*

The author is Juan Marsé, this novel is set in 1956, first published in Spain in 1966, and only now appearing in English. Here is the Amazon link. Marsé is one of the handful of great authors who has no real presence in the Anglo world, Bioy Casares would be another. You can think of […] The post Last Evenings with Teresa appeared first on Marginal REVOLUTION. CommentsIn reply to Gman. “Renowned artist “ trafficking in . by GmanRelated StoriesRyan Avent’s new book In Good FaithCapitalism ...

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Culture

What makes art great?

That is the title of the new and very stimulating essay by Nabeel Qureshi. It is difficult to summarize, but here is one excerpt: 2. Great art contains multiple overlapping layers of echoes. This is often harder to spot in verbal artifacts, but it is this feature that I think distinguishes really good works of […] The post What makes art great? appeared first on Marginal REVOLUTION. Related StoriesReading blegThe Marcel Duchamp show at MOMAThe Raphael show at the NYC Met

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Society

My NPR debate on whether science is too risk-averse

This coming Tuesday at Johns Hopkins University in Baltimore, here is the event information, with three others as well. With debate partner Brandon Ogbunu I will be arguing the “yes” side, science is too risk-averse. Self-recommended! Here is the Open to Debate Substack. The post My NPR debate on whether science is too risk-averse appeared first on Marginal REVOLUTION. CommentsIs there room to discuss the scientific process at the FDA when . by SnarkyIn reply to rayward. What they're risk ave...

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