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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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Articles

Discussions from Marginal Revolution

Geopolitics

A bilateral AI pause?

Dean ball has some thoughts and hesitations: Here are some questions I wish “Pause” and “Stop” advocates would address: 1. Assuming we achieve the desired policy goal through a bilateral US/China agreement, what would be the specific metric or objective we would say needs to be satisfied in advance? Who decides whether we have satisfied […] The post A bilateral AI pause? appeared first on Marginal REVOLUTION. Related StoriesSolve for the China tech equilibrium*The Marginal Revolution: Rise an...

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Economy

What is economics these days?

The article explores the evolving nature of economics, examining how contemporary issues and interdisciplinary approaches are reshaping the field and its relevance in today's society.

United States
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Culture

My excellent Conversation with Paul Gillingham

Here is the audio, video, and transcript. Here is the episode summary: Tyler calls Paul Gillingham’s new book, Mexico: A 500-Year History, the single best introduction to the country’s past—and one of the best nonfiction books of 2026. Paul brings both an outsider’s eye and ground-level knowledge to Mexican history, having grown up in Cork — […] The post My excellent Conversation with Paul Gillingham appeared first on Marginal REVOLUTION. Related StoriesWhat should I ask Katja Hoyer?*The Marg...

Mexico
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Technology

Solve for the China tech equilibrium

Authorities in Beijing have barred two executives from a Singapore-based AI firm from leaving China amid a review of the company’s $2 billion acquisition by U.S. social media giant Meta, according to a report by the Financial Times on Wednesday. Xiao Hong and Ji Yichao — the CEO and chief scientist, respectively, of Manus — […] The post Solve for the China tech equilibrium appeared first on Marginal REVOLUTION. CommentsIn reply to Gilligan. When the date is to apply for fall . by Center of Gr...

China
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Technology

Ryan Hauser interviews me in print

Here is the link, here is one excerpt: What was your path into AI, and what are you working on now? I first became interested in AI when I saw the chess computer Tinker Belle wheeled into a New Jersey chess tournament in I think 1975. I followed the Kasparov matches closely, and the more […] The post Ryan Hauser interviews me in print appeared first on Marginal REVOLUTION. CommentsLove this excerpt. Currently of the opinion that 'AI' is a . by NatoIn reply to MikeP. Indeed. The article also h...

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Economy

An economic framework for space immigration

Large-scale, voluntary space settlement must be economically rational to be viable. Here, we deploy the Roy model, an economic model used to understand immigration, to illuminate the economic factors important for space settlement and develop qualitative understanding of robust features of space settlement that do not depend on the details of the space economy. We […] The post An economic framework for space immigration appeared first on Marginal REVOLUTION. Related StoriesSouth African safar...

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Business

What should I ask David Baszucki?

Yes I will be doing a Conversation with him. From Wikipedia: David Brent Baszucki (/bəˈzuːki/ buh-ZOO-ki; born January 20, 1963) is a Canadian-born American entrepreneur, engineer, and software developer. He is best known as the co-founder and CEO of Roblox Corporation. He co-founded and was the CEO of Knowledge Revolution, which was acquired by MSC Software in December 1998. On Roblox: […] The post What should I ask David Baszucki? appeared first on Marginal REVOLUTION. CommentsWhat were the...

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Healthcare

The rise of China as a global innovator in pharma (incentives matter)

This paper examines China’s transition from pharmaceutical “free rider” to global innovator over the last decade. In 2010, China accounted for less than 8% of global clinical trials; by 2020, it had surpassed the US in annual registered clinical trial volume. To study this transformation, we compile a comprehensive, synchronized database spanning the pharmaceutical drug […] The post The rise of China as a global innovator in pharma (incentives matter) appeared first on Marginal REVOLUTION. Re...

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Economy

How much more will oil prices have to go up?

[Robin] Brooks: So let me give you two ways of thinking about what’s going on, both of them are really about trying to think about what kind of risk premia need to be priced in oil, given all the massive uncertainty that we have. The first way that I’ve been thinking about this is—I spent […] The post How much more will oil prices have to go up? appeared first on Marginal REVOLUTION. Related StoriesMore on the David Lang opera version of Wealth of NationsA Danish Fix for U.S. Mortgage Lock-in...

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Technology

Those new service sector jobs?

An AI memory startup called Memvid is offering $800 for a one-day, eight-hour shift for one candidate to “bully” AI chatbots by telling them what to do on camera. Business Insider reported this week that Memvid wants someone to spend eight hours testing and critiquing the memory of popular AI chatbots, effectively paying $100 an hour for what […] The post Those new service sector jobs? appeared first on Marginal REVOLUTION. CommentsIn reply to Ben. They're probably selling the videos for . by...

United States
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Economy

Canada facts of the decade

From 2014 to 2024, Canada’s real GDP per capita adjusted for purchasing power parity grew by just 3.2 percent in total, an anemic 0.4 percent per year on average, and the third lowest among 38 advanced nations. Over the same period, the United States posted 20.2 percent total growth (1.9 percent annually), and the OECD […] The post Canada facts of the decade appeared first on Marginal REVOLUTION. CommentsIn reply to Freebee34. I don't know that emigration has . by DismalistIn reply to Freebee...

Canada
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