James Scott, RIP
Marginal Revolution
by Tyler Cowen
22m ago
The post James Scott, RIP appeared first on Marginal REVOLUTION.         Comments I know Tyler doesn't like subtitles, but is there any better ... by Dan Burfoot This dying thing is getting outta hand. by EdR It's a good time to think about final things – death, ... by Pastor John We join the Free State of Zomia in mourning. RIP by Serge N Related Stories The changes in vibes — why did they happen? Argentina fact of the day   ..read more
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Comments are open
Marginal Revolution
by Tyler Cowen
22m ago
If you would like to discuss recent events… The post appeared first on Marginal REVOLUTION.         Comments I think Mark Kelly from Arizona would be the Dems best choice. by MassimoS In reply to Anon. Nikki Haley would beat most D options far ... by Phil G In reply to Anti-Gnostic. You've really expressed your ... by Will In reply to JMCSF. I remember Kamala cleaning up in a debate ... by Etalon d’Silomar In reply to Dave. Who then? Newsom? Neither Harris nor him ... by LivelyClock Plus 10 more... Related Stories Argentina fact of the day U.S.A. retail f ..read more
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Toumani Diabaté, RIP
Marginal Revolution
by Tyler Cowen
3h ago
Via Charmaine Lee. The post Toumani Diabaté, RIP appeared first on Marginal REVOLUTION.         Comments This is what the arts could be like under ISIS, if only we ... by J Related Stories Why don’t they compose music like Bach any more? My excellent Conversation with Brian Winter Hermeto Pascoal – Música da Lagoa   ..read more
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Sunday assorted links
Marginal Revolution
by Tyler Cowen
6h ago
1. Ghana’s architectural heritage. 2. Intelligent people are just as prejudiced, but toward different groups. 3. Mental health contagion effects. 4. GOATs. 5. Cyclic attacks against AI Go players are still a thing. 6. Markets in everything: voice mails you will want to keep. The post Sunday assorted links appeared first on Marginal REVOLUTION.         ..read more
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Hollywood evidence on McCarthyism
Marginal Revolution
by Tyler Cowen
15h ago
There is a new NBER working paper on this topic by Hui Ren Tan and Tianyi Wang, here is the abstract: We study a far-reaching episode of demagoguery in American history. From the late 1940s to 1950s, anti-communist hysteria led by Senator Joseph McCarthy and others gripped the nation. Hundreds of professionals in Hollywood were accused of having ties with the communist. We show that these accusations were not random, targeting those with dissenting views. Actors and screenwriters who were accused suffered a setback in their careers. Beyond the accused, we find that the anti-communist crusade ..read more
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Will technology improve animal welfare?
Marginal Revolution
by Tyler Cowen
17h ago
That is the topic of my latest Bloomberg column, here is one excerpt: There is, however, some better news on the animal welfare front. The cause is on the verge of some major victories — and they have been earned through technology rather than rhetoric. The first major development is Ozempic and the other weight-loss drugs in the GLP-1 category. By one estimate, 25,000 Americans start taking these weight-loss drugs every week, and 93 million Americans may meet the criteria for using them. The spread of such drugs to many other countries is likely, especially since they seem to produce he ..read more
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El Salvador bleg
Marginal Revolution
by Tyler Cowen
1d ago
Santa Ana, and also San Salvador — what do you all recommend?  I thank you all in advance for the sage counsel. The post El Salvador bleg appeared first on Marginal REVOLUTION.       Related Stories The Turku food hall My excellent Conversation with Brian Winter The economics of GLP-1   ..read more
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Government Litigation Risk and the Decline in Low-Income Mortgage Lending
Marginal Revolution
by Tyler Cowen
2d ago
Here is a new paper from W. Scott Frame, Kristopher Gerardi, Erik J. Mayer, Billy Y. Xu, and Lawrence Chengzhi Zhao at the Atlanta Fed: We study the effect of Department of Justice lawsuits in the 2010s against large lenders for alleged fraud in the Federal Housing Administration (FHA) mortgage insurance program. The suits led to more than $5 billion in settlements and caused targeted banks and their peers to precipitously exit the FHA market. Difference-in-differences and triple differences tests exploiting geographic variation in exposure to exiting banks show a 20 percent reduction in FHA ..read more
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Friday assorted links
Marginal Revolution
by Tyler Cowen
2d ago
1. How much cheating in on-line chess? (WSJ)  And the NYT on fourth-grader Bodhana Sivanandan. 2. “Surprisingly, voters are best served by a pair of polarized and unrepresentative institutions.” 3. Influences on Vance. 4. Karpathy explains, of massive import for development economics too. 5. Ben Sasse resigns. 6. NYT readers pick their best books of the century. The post Friday assorted links appeared first on Marginal REVOLUTION.         Comments I wrote in Ben Sasse as my vote for president in the 2016 ... by Phil S.   ..read more
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Every Stock is a Vaccine Stock, Revisited
Marginal Revolution
by Alex Tabarrok
2d ago
In May 2020, I wrote a post titled Every Stock is a Vaccine Stock highlighting that the stock market reaction to good vaccine news indicated that vaccines were worth trillions and that most of this value was external to the vaccine manufacturers, meaning that the vaccine manufacturers were under-incentivized. It’s not surprising that when Moderna reports good vaccine results, Moderna does well. It’s more surprising that Boeing and GE not only do well they increase in value far more than Moderna. On May 18, for example, when Moderna announced very preliminary positive results on its vaccine it ..read more
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