Thursday, March 18, 2010

Some links, with tragedy of the commons in Zimbabwe

A good picture of the tragedy of the commons - the reason Elinor Ostrom shared the economics Nobel last year.
The Harvard undergraduate thesis everyone's talking about.
Does taking the first, possibly temporary, job in a crisis hurt future EP?

Wednesday, March 17, 2010

Some links, featuring abortion-reducing universal coverage, and deferred benefits payments in Virginia

Free health care = fewer abortions, according to Cardinal Hume (Economix)
Virginia slashes public services, including an agreement "to defer $620 million in contributions to the state pension system over the next two years." Does that mean I should worry about my 403(b)? Or, does it mean that bankers don't have to pay their bills, the state doesn't have to pay its bills, so I don't have to pay my bills? (
Microinsurance (The Economist)
China's hidden debt (The Economist)
Blogonomics (Economist's View)
National Security argument for amicable trade with China (Free Exchange)
Germany's trade surplus - somehow not as controversial as China's (Free Exchange)
If radical free market ideas can't win in the free market of ideas, use government intervention to push them on students (Economist's View)
Hardest logic puzzle ever? (FT)

Some Links, Featuring TC winning over one of my liberal friends and shamrock shortages

This post made one of my firebreathing liberal friends admit to agreeing with Tyler Cowen.
Egads, a shamrock shortage on St. Patrick's Day !
Put off changing your password! You're not lazy, you're rational (HT to TC)!
Picking your bracket on earnings potential of the schools' graduates (Economix).
Do we need more drunks or economists in government (why not both!)?

Monday, March 15, 2010

Some links, with doublespeak and not-so-evil government time regulation

Republican Double-Speak on Abortion: They were against it before they were for it.
Libertarian Alex Tabarrok would probably oppose daylight savings if proposed today; since we have it, he admits that it works, and he likes it. I wonder how many other government intrusions he feels similarly about? (Public education, o ye of public university employment?)
On a less thoughtful note - PM at Market Power thinks collecting sales taxes on actual sales is destroying activity - a keener observation would be that tax differentials and discriminatory taxes shift economic activity from jurisdiction to jurisdiction. (Another anti government curmudgin employed by a public university btw.)
Chinese stimulus. Shit, there's another thing they might be doing better than us (note that China is already well into its recovery).
Is the Yuan still actually undervalued? (Menzie Chinn)
More on Yuan-bashing from the Economist. (Free Exchange)
Some thoughts on durables and world trade (Menzie Chinn)
Modernizing Russia - Do they need Democracy? (The Economist thinks so, sorta - I don't, but I agree that they do need to reign in corruption)
From microcredit to microsavings (The Economist)