- We don’t have a hundred biases, we have the wrong model
- Economics is once again becoming a worldly science
- Why the super rich are inevitable
- Why has climate economics failed us?
- The economics of all-you-can-eat buffets
Dig into trickle-down economics, which claims that tax cuts for corporations and the wealthy stimulate the economy and improve people's lives.--In 1981, the ...
Three strands of heterodox economics that are leading the way
Well, some of them, anyway.
In the overlapping global emergencies of the pandemic, climate change and geopolitical confronta- tions, supply shocks have become frequent and inflation has returned. This raises the question how…
Why some mathematicians argue the economy is designed to create a few super rich people – unless we stop it.
Ever wondered how bank branches work at a nuts-and-bolts level? Let's dig into the logic and economics of them.
Car dealerships deploy tricks and traps to make as much money as they can from you. Here's what I learned when trying to buy a new car.
Is it possible to out-eat the price you pay for a buffet? How do these places make money? We looked at the dollars and cents behind the meat and potatoes.
David Card, Joshua Angrist, and Guido Imbens win a Nobel Prize for revolutionizing how economics is done.
«Thanks to the work of these new Nobel laureates, economics these days has become more of an evidence-based science and less of an ideologically driven philosophy»
This gonzo economic theory continues to live on, notwithstanding its repeated failures
Behavioral economics has identified dozens of cognitive biases that stop us from acting 'rationally'. But instead of building up a messier and messier picture of human behavior, we need a new model.
After generations of ‘blackboard economics’, Berkeley and MIT are leading a return to economics that studies the real world
«a preponderance of research that has shown no meaningful disemployment effects of raising minimum wages.»
Economists could have helped in the fight against climate change. So far, they haven't.
«The big conceptual mistake here is to assume that whatever economists can easily measure is the sum total of what’s important for the world»
(2021). Weaponizing economics: Big Oil, economic consultants, and climate policy delay. Environmental Politics. Ahead of Print.
«The role of particular scientists in opposing policies to slow and halt global warming has been extensively documented. The role of economists, however, has received less attention.»
A lot of ideas; not a lot of conclusions.
Writes about economics, tweets about rabbits. Subscribe to my Substack: http://noahpinion.substack.com Email: firstname.lastname@example.org
Learn from the world’s greatest thinkers. Join us on https://www.youtube.com/c/bigthink.
The Pudding is a digital publication that explains ideas debated in culture with visual essays. Email us: email@example.com Support us: http://patreon.com/thepudding
This account tweets links from the http://ribbonfarm.com blog and the http://studio.ribbonfarm.com newsletter. Both are run by @vgr
Programming, philosophy, history, internet, startups, web3 @ a16z
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