Marginal REVOLUTION
Individual Contributors to Policy Commons
Marginal Revolution is the blog of Tyler Cowen and Alex Tabarrok, both of whom teach at George Mason University. MR began in August of 2003 and there have been new posts daily since that time. In numerous reviews and ratings over the years Marginal Revolution has consistently been ranked as the best or one of the best economic blogs on the web, but it is more (and less) than that, also representing the quirks of its authors.
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Individual Contributors to Policy Commons · 14 May 2024 English
That is the topic of my latest Bloomberg column, here is one excerpt: There is some bad news afoot for workers. Labor’s share of the US gross domestic product has …
Individual Contributors to Policy Commons · 13 May 2024 English
I propose a dynamic model of the reserve currency paradigm that centers on the liquidity demand for safe assets. In global recessions, the demand for the U.S. safe bond increases …
Individual Contributors to Policy Commons · 12 May 2024 English
The subtitle is Hw Popular Misconceptions about Inflation, Prices, and Value Create Bad Policy. I am happy to have blurbed this book, here is part of the Amazon description: Was …
Individual Contributors to Policy Commons · 10 May 2024 English
Solar is powering a large share of California’s energy needs during the day and batteries are now powering a significant share at night. NYTimes: Since 2020, California has installed more …
Individual Contributors to Policy Commons · 9 May 2024 English
The US has some of the lowest electricity prices in the world. Shown below are industrial retail electricity prices in EU27, USA, UK, China and Japan. Electricity is critical for …
Individual Contributors to Policy Commons · 9 May 2024 English
Maybe by less than people had thought, here is a new ReStat paper by Gillian Brunet: I use newly-digitized contract data on U.S. war production spending over 1940-1945 to analyze …
Individual Contributors to Policy Commons · 8 May 2024 English
The real, inflation-adjusted, price of gold is high. Historically, a high real gold price has been associated with low inflation-adjusted gold returns over the subsequent 10 years. Further, historically the …
Individual Contributors to Policy Commons · 8 May 2024 English
Three big volumes, about 1800 pp., these books reprint the true classics behind the origins of economic thought. These are the best works of economics published before Adam Smith, and …
Individual Contributors to Policy Commons · 7 May 2024 English
Low-skill immigrants have low wages and thus don’t pay much in taxes but they do use some government services, especially education for their children. What’s the net fiscal impact? The …
Individual Contributors to Policy Commons · 6 May 2024 English
That is the new and very useful book by Carola Binder, mostly a very good economic history. Here is one excerpt: The [Nixon price controls] were seen as necessary to …