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Marginal Revolution

Marginal Revolution

Newsletter | United States | Centre-Right

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

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Articles

Discussions from Marginal Revolution

Technology

Mexico (Taiwan) fact of the day

Mexico has quietly become a cornerstone of the AI boom, providing 40 per cent of US imports this year of the computer servers that are widely used in the data centres powering artificial intelligence. Taiwanese manufacturers are rapidly expanding factories in Mexico to assemble servers, which are now the country’s top US export, overtaking autos […] The post Mexico (Taiwan) fact of the day appeared first on Marginal REVOLUTION. Related StoriesMore math breakthroughs from GPT modelsThe wisdom ...

Mexico
Healthcare

*Redefining Global Health in the 21st Century*

While donor-driven programs undoubtedly saved millions of lives, they also created unintended distortions in national health priorities. Many governments in sub-Saharan Africa and parts of Asia actually scaled back domestic health investments, as donor program filled key gaps in HIV/AIDS, maternal and child health, and infectious disease control. In some cases, domestic health budgets shrank […] The post Redefining Global Health in the 21st Century appeared first on Marginal REVOLUTION. Rel...

Global
Education

Emergent Ventures India, 18th cohort

Adithyan Madhu, 14, an independent researcher, received his grant to study early writing systems, applying computational linguistics, pattern analysis, and structural methods to the Indus Valley script. Aparajeet Shadangi, 17, received his grant to explore conceptual approaches to cosmic expansion and dark energy while continuing his formal academic preparation in cosmology. Kevin Gibson, a student […] The post Emergent Ventures India, 18th cohort appeared first on Marginal REVOLUTION. Commen...

India
Economy

Immigration and Macroeconomic Outcomes in OECD Countries

OECD countries experienced declining native population growth and rising net immigration over 1990-2024. We compile a new dataset of net immigration rates to OECD countries from all origins and show that most of the increase came from non-OECD countries and was predominantly high-skilled. Push factors, network effects, and policy indices explain little of the large […] The post Immigration and Macroeconomic Outcomes in OECD Countries appeared first on Marginal REVOLUTION. Related StoriesThe D...

United States
Technology

The Anatomy of Cyber Risk

This paper uses computational linguistics to introduce a novel measure of firm-level cyber risk exposure based on the quarterly earnings calls of listed firms. Our measure covers more than 14,000 firms from over 90 countries between 2003 and 2025. The measure is validated using human auditors and a large language model. We show that cyber […] The post The Anatomy of Cyber Risk appeared first on Marginal REVOLUTION. Commentsgood JP Morgan report on cyber risk: . by ken bookThe risk is probably...

Global
Geopolitics

The wisdom of Eli Dourado

How do “international efforts” work? Unlike most of the signatories of the letter, I have been a State Department advisor and have participated in multiple treaty negotiations. I have also been a member of technical committees for UN technical agencies. The international sector is unbelievably dysfunctional. Every single treaty or international agreement is an opportunity […] The post The wisdom of Eli Dourado appeared first on Marginal REVOLUTION. Related StoriesThe demand for human enhancem...

Global
Culture

What should I ask Jared Diamond?

Yes, I will be doing a Conversation with him. His whole career is fair game, though many of my questions will cover his forthcoming book Profits, Prophets, Coaches, and Kings (When) Do Leaders Matter? From the Amazon summary: “Now, in Profits, Prophets, Coaches and Kings, he studies leaders throughout time to answer the question: do the actions […] The post What should I ask Jared Diamond? appeared first on Marginal REVOLUTION. CommentsYour new book asks when individual leaders actually chang...

Global
Economy

Forty interesting facts about Australia

Australia was the richest country on earth, per capita, for decades. After the 1850s gold rush, up until the 1890s depression, Australia had the highest per capita income in the world. In 1850, probably only the United Kingdom and the Netherlands sat above Australia, by about 20 per cent, with the United States 9 per cent […] The post Forty interesting facts about Australia appeared first on Marginal REVOLUTION. Related StoriesWhat should I ask Jared Diamond?Data on Chinese innovationThe Appl...

Australia
Society

Congratulations to Ross D. and others

The article celebrates the achievements of Ross D. and others, highlighting their contributions and successes in their respective fields, fostering a sense of community and recognition.

United States
Technology

You will learn to love AI writing

That is the theme of my latest Free Press article, excerpt: But do I wish to eschew AI writing for the rest of my life? Absolutely not. Most of all, I want AI writing to get better, so it does not irritate me with its clichés and all too obvious identifying marks. I want AI writing […] The post You will learn to love AI writing appeared first on Marginal REVOLUTION. Related StoriesThe demand for human enhancement technologiesThe common sense of Fareed ZakariaThe optimal Bayesian update?

United States
Culture

*Liberal Worlds: James Bryce and the Democratic Intellect*

A very good book, here is one excerpt that bears directly on a conversation I was just having: He [Bryce] regretted the low quality of the Indian Civil Service: they were hard-working and motivated by a desire to promote the welfare of the Indian people, but ‘rather wanting in imagination and sympathy, less inspired by […] The post Liberal Worlds: James Bryce and the Democratic Intellect appeared first on Marginal REVOLUTION. Comments“Bryce also was an early NIMBY proponent (even then)” . b...

Global
Society

The Confucian fertility paradox

Total fertility rates in East Asia have fallen to levels without historical precedent, even though the region’s Confucian heritage long placed extraordinary emphasis on family continuity and large families. We argue that this “Confucian Fertility Paradox” dissolves once we separate two strands of the tradition and recognize that modernization affected them very differently. The pro-natal […] The post The Confucian fertility paradox appeared first on Marginal REVOLUTION. Related StoriesCould o...

East Asia