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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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Articles

Discussions from Marginal Revolution

Society

Do teens regret their social media use?

A new study by Irish researcher Eoin Whelan attempts to answer this. Dr. Whelan told me he was specifically inspired by Haidt’s 2024 claims and sought to examine them rigorously and in the context of other regrets. This is a great use of science…testing dramatic public claims. So…do they hold up? In Dr. Whelan’s study, 389 young […] The post Do teens regret their social media use? appeared first on Marginal REVOLUTION. CommentsFour hundred young adults aged 20–24 from Ireland, the . by MikePR...

United States
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Culture

*Disclosure Day* (doubt if there are net spoilers in this post)

Perhaps rewatching The Omen is better prep for this movie than thinking about UFOs? In this regard Disclosure Day is somewhat more interesting than I had been expecting. Peter Thiel, Ross Douthat, telephone! And yet I have plenty of quibbles. It was a little too long. The acting is entirely serviceable, but none of the […] The post Disclosure Day (doubt if there are net spoilers in this post) appeared first on Marginal REVOLUTION. CommentsAnyone else thinking of Childhood's End by Clarke, w...

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Geopolitics

AI nationalism, Europe included

Most of my Free Press column deals with Mythos, but here are some remarks on Europe: There is yet another huge problem behind all these first-order problems. Let us say, for instance, that France’s Mistral AI develops very nicely and serves as an EU counterpart of Anthropic and OpenAI. Well, then the other European countries […] The post AI nationalism, Europe included appeared first on Marginal REVOLUTION. CommentsFrance needs Pétainism. by AnonSuppose that at any given moment you can buy el...

Global
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Education

Educational arbitrage?

Is it really all about the networking? Some people think so, and they are taking action: Justin Helman didn’t get his dream acceptance from the University of Florida. But that isn’t stopping him from pursuing the classic college experience there. The recent high-school graduate from Park Ridge, N.J., is set to move into a private apartment […] The post Educational arbitrage? appeared first on Marginal REVOLUTION. Related StoriesWho Leads? Relative Age Effects on Social CapitalMy excellent Con...

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Economy

How High-Skill Immigration Restrictions Eroded Regional Productivity: Evidence from the 2017 BAHA Executive Order

This paper estimates the regional economic impact of high-skill immigration restrictions by analyzing the 2017 “Buy American, Hire American” (BAHA) policy as a quasi-experimental policy shock. By significantly tightening H-1B visa adjudication, BAHA caused new employment petition denial rates to double from 7% to 17%, while STEM-specific rejections tripled to 31%. Using a difference-indifferences framework, […] The post How High-Skill Immigration Restrictions Eroded Regional Productivity: Evi...

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Economy

Might AI hurt corporate profits? (from my email)

From Clifford Sosin: I loved your talk about AI and wanted to bounce an idea off you. I think AI may be bad for corporate profit margins. A lot of companies make money because their customers can’t be bothered to monitor them more closely, or to insource something. Customers let the company make some money […] The post Might AI hurt corporate profits? (from my email) appeared first on Marginal REVOLUTION. Related StoriesLaw professors prefer AI over peer answersHow High-Skill Immigration Rest...

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Healthcare

Is work from home bad for your mental health?

From the “Results” section: Relative to those in nonremotable jobs, workers in remotable jobs spent approximately one additional hour alone per workday after the pandemic. Those in remotable jobs also differentially increased days spent entirely alone and decreased after-work socializing. The rise in isolation was sharpest for those living alone, whose likelihood of spending the […] The post Is work from home bad for your mental health? appeared first on Marginal REVOLUTION. CommentsIn reply ...

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Society

Why drugs are here to stay (from my email)

This is anonymized, I can vouch that the person is very smart and has excellent taste: Some thoughts [referring to my recent Free Press piece on marijuana]. My feeling is that you read quickly enough that I can dump words on you and it will not be an imposition. So I have not really edited […] The post Why drugs are here to stay (from my email) appeared first on Marginal REVOLUTION. CommentsSome people can handle drugs and have them not ruin their life, . by David KhooQuite the dystopian futu...

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Economy

Tyler and Alex Speak to OpenAI

We were honored to speak to OpenAI about the economics of AI. Lots of good material here. Self-recommending. The post Tyler and Alex Speak to OpenAI appeared first on Marginal REVOLUTION. Related StoriesEurope Demands Family DynastiesShould we recriminalize marijuana?Law professors prefer AI over peer answers

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Geopolitics

Should you move to Argentina? (from my email)

My name is Josh Neuman, and I’m writing from Buenos Aires, Argentina where Peter Thiel’s move is all over the news here. He lives in [redacted], only a xx minute drive from my own apartment in Recoleta. I want to pitch a piece…arguing that Thiel is right to be in Argentina, but wrong about why. […] The post Should you move to Argentina? (from my email) appeared first on Marginal REVOLUTION. CommentsIn reply to Ben G. Tyler did a CWT with Pierpaolo Barbieri, . by Unclear on the conceptIn reply...

Argentina
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Technology

My twenty-minute AI talk for the Swedish company Sana

The post My twenty-minute AI talk for the Swedish company Sana appeared first on Marginal REVOLUTION. CommentsIn reply to Christopher Johnson. I dunno Christopher, you . by bazzaIn reply to Mark Bahner. 95% by Todd KIn reply to Aaronn. Nuclear fission is regulations-bound. by Mark BahnerIn reply to Todd K. 2. “I think that most things that kill . by Mark BahnerI agree with most of it, but disagree with one important thing. by AaronnPlus 10 more.Related StoriesLaw professors prefer AI over pee...

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Economy

Rubber rationing in World War II

When during the meetings the Americans offered that at most they could convert 15 percent of U.S. auto plants to military production, Beaverbrook replies that 100 percent of British automobile factories had been converted, and encouraged Roosevelt to aim higher. He did, and on January 1 he ordered U.S. auto production halted by late Februrary. […] The post Rubber rationing in World War II appeared first on Marginal REVOLUTION. CommentsIn reply to World War 2 Fatigue. “We all know what . by BC...

United States
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