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3 days ago by Molly

As must have become clear by now I am not a loyal aficionado of the school of holy writ when it comes to economic theory. However, I am interested to see the UK economy proving one of the central principles of market theory that the theorists themselves appear to have forgotten: the limitations of t ...

Gaian Economics - gaianeconomics.blogspot.com · 26 references

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3 days ago by dsnoonan

Once upon a time, long ago, I actually remember seeing this editorial in the Seattle Times (” Why GOP Hate Science, and Dems Hate Economics“). Funny editorial and themes, considering it was written in 1996. A bit prescient? I’m not sure what’s more remarkable, that I remember this specific passage o ...

Rejectable Hubris: ... - pubpolicy.wordpress.com

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5 days ago by Ajay Shah

I have an article in Financial Express today titled Great men versus well functioning institutions.

Ajay Shah's blog - ajayshahblog.blogspot.com · Rank: 79,501 · 47 references

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8 days ago by Blogger Bryn

The death of Michael Jackson lead to turmoil at some internet sites reports the BBC http://news.bbc.co.uk/1/hi/technology/8120324.stm a) What are the 2 charecteristics of a public good? b) To what extent are web sites such as Google and Twitter public goods if the article is correct?

Bryn's AS Economics Blog - brynsaseconomicsblog.blogspot.com · Rank: 102,443 · 1 reference

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11 days ago by Ajay Shah

High end skills in India are in short supply in most areas, whether we think about university professors or financial regulators. One element of addressing these shortages is to recruit globally. I just saw the following news: Adam Posen has been appointed an External Member of the Bank of England's ...

Ajay Shah's blog - ajayshahblog.blogspot.com · Rank: 79,501 · 47 references

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23 days ago by Declan

Note: This post is the fifteenth in a series. Click here for the full listing of the series. The Logic of Collective Action, by Mancur Olson, is a pretty straightforward book, at heart. There is one primary argument which is at once profound and straightforward: Almost all group activity has a priso ...

Crawl Across the Ocean - crawlacrosstheocean.blogspot.com · Rank: 43,829 · 17 references

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27 days ago by Economic Logician

Should the public sector engage in research and development (R&D) or should the private sector be left to take care of it? While all agree that R&D is necessary, who pays for it is obviously important. And whether public and private R&D are substitutes or complements is of critical importance here.S ...

Economic Logic - economiclogic.blogspot.com · 31 references

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27 days ago by Declan

Note: This post is the fourteenth in a series. Click here for the full listing of the series. A concept that will be useful for the next book review is the economic notion of ' public goods' I'll let wikipedia do the explaining: 'In economics, a public good is a good that is non-rivaled and non-excl ...

Crawl Across the Ocean - crawlacrosstheocean.blogspot.com · Rank: 43,829 · 17 references

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29 days ago by Aschwin de Wolf

The Independent Institute’s quarterly Independent Review is a worthy publication. The journal produces well researched and innovative scholarly articles in the classical liberal tradition, avoiding excessive emphasis on “public policy libertarianism” on the one hand, and avoiding an exclusive emphas ...

Against Politics - againstpolitics.com · 3 references

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33 days ago by Zachary

We tend to understimate the size of our government. I suspect that if we factored in the amount of tax breaks we give for charitable donations, which as as a government payment to charities, we’d see an impact on the size of government as a percentage of GDP. Same if we looked at tax breaks given to ...

Zack's Corner - zacharyst.wordpress.com · 1 reference