Assault of Thoughts - 8/14/2013

"Words ought to be a little wild, for they are the assault of thoughts on the unthinking" - JMK

- An economist from the Journal of Wine Economics discusses buying value wines with Food & Wine Magazine.

- Lester and Wolff's very well done empirical work on ABCT is apparently going to be published in the Review of Austrian Economics (it has been in working paper mode). This is one of several empirical analyses I discuss in the forthcoming Critical Review article.

- Bob Lerman discusses why more women aren't apprentices.

- A new IZA working paper suggests that male unemployment reduces domestic violence rates. The logic is that their outside options become less favorable, leading them to engage in behavior that is less threatening to the relationship. One (of a few) concerns I have about the paper is the high collinearity between male and female unemployment rates that might be driving the similar magnitudes/opposite sign result. It would be nice to perhaps run the two separately to see if similar results come up perhaps.