"Words ought to be a little wild, for they are the assault of thoughts on the unthinking" - JMK
- Chris Lewis has a great article up at Campus Progress based on an interview with me about why we need to be thinking about demand-side rather than supply-side science policies. Given the brevity and the audience, it's necessarily a textbooky treatment of the economics of science - I obviously recognize there's more to be discussed - but I feel like even given the format it gets more in depth than most treatments of externalities in research.
- In the NBER working papers, there's some skepticism about strong labor supply effects of unemployment insurance from Farber and Valetta.
- Also in the NBER working papers, Morris Kleiner finds smaller wage effects of licensing than unionization. This seems natural to me, but apparently it's in contrast with other studies.
- My response gets cited in Bryan Caplan's list of the best answers to his what to do with a billion dollars post. He neglected my preferred response, though.
- Ryan Murphy successfully defended his dissertation! Congratulations! He has so far not tooted his own horn on his blog for me to link to, so I'll just link to his CV.
Comparative advantage: a partial truth
9 hours ago