How Much Does Your Prof Earn?
Mr. Compton sends us an email with a link to this site where you can find out how much each of your public university professors earns. No surprise my favorite Philosophy prof earns only half what my favorite Econ prof earns.
Why I’m not into finance
Because my wife is an entrepreneur.
From Dani Rodrik:
the entrepreneur and the financier. The super-rich get that way by one of two routes. They either inherit their wealth from their parents, or they build a business from scratch and then sell it off to a larger entity. In either case, the financiers play an important supporting […]
Don’t Worry About China
Here’s why:
1) HUMAN CAPITAL:
2) ASSUMES LINEAR GROWTH:
3) STATIC ANALYSIS OF THE US:
4) IGNORES ARMS RACE:
5) CHINA MUCH POORER THAN WE THOUGHT:Brian Holler fills in the categories, with a little help from Uncle Walt.
Make Room In Your…
country for immigrants.
I have the pdf of a book by Lant Pritchett sitting on my desktop somewhere. He talks about global poverty and migration from what I take to be the most ethical angle available to us. Reason does a bang up interview with him here on his new book, and I just […]
When Politicians Agree…
…grab your wallet and your civil liberties and run.
Or as Steven Landsburg puts it,
“As a general rule, economic policies command bipartisan support only when they’re incoherent. “
Read the whole thing.
(Gavel bang to the Door)
Not Trying to Tumble Here,
but this from Alex Tabarrok is really good:
The law of unintended consequences is what happens when a simple system tries to regulate a complex system. The political system is simple, it operates with limited information (rational ignorance), short time horizons, low feedback, and poor and misaligned incentives. Society in contrast is a complex, evolving, high-feedback, […]
Morrisville, Schmorrisville
Some citizens of my little suburb are concerned about a new mixed-use development set to go in three blocks from my house. I think they need to quit whining. The following is a letter I sent to the town managers, and the whiners:
I’m sure you get plenty of letters from folks who are against the […]
More about me that you might ever care to know,
aka, my grad school application essays:
Why do you wish to pursue a PhD degree in Economics?
The principal of the small boarding school where I worked decided our low-income inner-city students ought to be taught basic economics and assigned me the task. She gave me a book and a week to prepare.
I had never had […]
How to Know What to Write
Some advice given to Peter Boettke by Mancur Olson
stop telling other economist what to do. Worry about the sins of omission by other economists, never about their sins of commission. Focus instead on the omissions and turn them into your sins of commission to see if they are sins or not.
Fill in the […]
Other Anarchist Christians
I’ve let you know about the Jesus Manifesto.
Now learn about Greg Boyd. He’s just finished a book by Jacques Ellul, The Subversion of Christianity: and has this to say about it:
Everybody needs to read this book!
Ellul’s basic thesis is that the Kingdom Jesus inaugurated with his life, death and resurrection has been […]