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Marginal Revolution

Marginal Revolution

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

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Artículos

Discusiones de Marginal Revolution

Education

Grade Caps are Not a Good Solution to Grade Inflation

It’s well known that grade inflation has “degraded” the informational content of grades at many colleges. At Harvard, two-thirds of all undergraduate grades are now A’s—up from about a quarter two decades ago. In response, a Harvard faculty committee has proposed capping A grades at 20 percent of each class (plus a cushion for small […] The post Grade Caps are Not a Good Solution to Grade Inflation appeared first on Marginal REVOLUTION. CommentsYes. When I was in law school, there was this cl...

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Economy

New issue of Econ Journal Watch

EJW Volume 23, Issue 1, March 2026 Specification Searching in the Race between Education and Technology: Joseph Francis criticizes a canonical model of the American labor market, which has been used to advocate for more funding for education to reduce inequality. He shows how the model has routinely failed to predict the evolution of the college […] The post New issue of Econ Journal Watch appeared first on Marginal REVOLUTION. Related StoriesSentences to ponderGrade Caps are Not a Good Solut...

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Economy

Scott Sumner on *The Marginal Revolution*

My favorite part of Tyler’s book is where he asks a very good but non-obvious question: Why did it take so long for economics as a field to develop a coherent model or framework of analysis? Much of the book discusses how three economists simultaneously developed marginal analysis, with a focus on the work of […] The post Scott Sumner on The Marginal Revolution appeared first on Marginal REVOLUTION. Related StoriesThe Marginal Revolution: Rise and Decline, and the Pending AI RevolutionSoc...

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Culture

The Candidates’ tournament

Caruana and Sindharov have won today, obviously boosting Caruana’s chances as favorite (he beat Nakamura, the number two rated player in the tournament). Yet what the chess world needs right now is not a winner, but rather a greater sense of legitimacy for the world title. Ideally the same person should win a championship match […] The post The Candidates’ tournament appeared first on Marginal REVOLUTION. CommentsIn your book 'Talent' you argue that outcomes are noisy, and . by MChess is inte...

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Economy

Claudia Goldin and the WNBA

After Claudia Goldin became the first woman to win a solo Nobel in economics in 2023, she received hundreds of invitations and requests. She accepted just three. One of them was advising the WNBA players union as the women prepared to negotiate a new labor deal with the league. When Goldin replied via email to Terri Carmichael Jackson, […] The post Claudia Goldin and the WNBA appeared first on Marginal REVOLUTION. CommentsIn reply to Con-air. html $(document).ready(function(){ . by To Jumpha ...

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Society

Is Tinder actually OK?

Online dating apps have transformed the dating market, yet their broader effects remain unclear. We study Tinder’s impact on college students using its initial marketing focus on Greek organizations for identification. We show that the full-scale launch of Tinder led to a sharp, persistent increase in sexual activity, but with little corresponding impact on the […] The post Is Tinder actually OK? appeared first on Marginal REVOLUTION. Related StoriesSolve for the China tech equilibriumRepubli...

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Economy

Shruti interviews V. Anantha Nageswaran on the Indian economy

He is currently serving as the Chief Economic Advisor to the Government of India, and also is the co-author of the books Economics of Derivatives and The Rise of Finance: Causes, Consequences and Cures. The podcast covers import substitution and strategic resilience, futures and options market, gross fixed capital formation, crypto markets, India’s growth trajectory, and much […] The post Shruti interviews V. Anantha Nageswaran on the Indian economy appeared first on Marginal REVOLUTION. Rela...

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Economy

Social Security Should Be a Forced Savings Program Not a Welfare Program

There is a growing movement to eliminate the wage cap on Social Security taxes while capping benefits. The argument, often from the center-right, is that Social Security is insolvent and that “tough” choices are needed to save it. But this moves the system in exactly the wrong direction. One of the better features of Social […] The post Social Security Should Be a Forced Savings Program Not a Welfare Program appeared first on Marginal REVOLUTION. Related StoriesPhysician Incomes and the Extre...

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Culture

What should I ask Andrew Graham-Dixon?

He is one of the world’s leading art critics, all of his books are excellent, and he has a new and very good work coming out titled Vermeer: A Life Lost and Found. He also has a well-known book on Caravaggio, on Michelangelo, and I am especially fond of his book on British art. Here […] The post What should I ask Andrew Graham-Dixon? appeared first on Marginal REVOLUTION. Related StoriesMy excellent Conversation with Paul Gillingham*The Marginal Revolution: Rise and Decline, and the Pending A...

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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.

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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...

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