Category Archives: Economics and public policy

Coal pollution and health before WWI

Research Design Meets Market Design: Using Centralized Assignment for Impact Evaluation Date: 2016-12 By: Abdulkadiroğlu, Atila (Duke University) ; Angrist, Joshua (MIT) ; Narita, Yusuke (Yale University) ; Pathak, Parag A. (MIT) Atmospheric pollution was an important side effect of … Continue reading

Posted in Economics and public policy, Environment | 3 Comments

From healthy youth to senescent decay: a list of examples and thoughts

An incomplete series of thoughts beginning with a couple of paragraphs suggesting something with grander aspirations – which of course may be realised some day – but not in this blog post. Still I’m heading overseas now, and I’m not … Continue reading

Posted in Cultural Critique, Economics and public policy, Innovation | 11 Comments

Scaleability and the knowledge economy: or the micro-economics of hyper-bullshit

One of the central contemporary critiques of the industrial revolution was its undermining of crafts and craftsmanship. Today this is happening within the world of ideas. And at least right now, it’s looking like this is not a very happy development. … Continue reading

Posted in Bullshit, Economics and public policy, Information, Innovation, IT and Internet | 6 Comments

The long run benefits of Good Early Childhood Programs

This paper estimates the large array of long-run benefits of an influential early childhood program targeted to disadvantaged children and their families. It is evaluated by random assignment and follows participants through their mid-30s. The program is a prototype for … Continue reading

Posted in Economics and public policy, Education | 6 Comments

Cold showers aren’t always invigorating

Foreign Competition and Domestic Innovation: Evidence from U.S. Patents by David Autor, David Dorn, Gordon H. Hanson, Pian Shu, Gary Pisano Manufacturing is the locus of U.S. innovation, accounting for more than three quarters of U.S. corporate patents. The rise of import competition … Continue reading

Posted in Economics and public policy | Leave a comment

The paradoxes of shareholder primacy and ‘short-termism’

In a recent speech “Who owns a company?”, Andy Haldane has this to say: In the earlier period, dividends decreased as often as they increased.  This is as we would expect if profits fluctuate both up and down.  After 1980, … Continue reading

Posted in Bullshit, Economics and public policy | 4 Comments

Early Education and Social Preferences – Pretty interesting!

The Effect of Early Education on Social Preferences by Alexander W. Cappelen, John A. List, Anya Samek, Bertil Tungodden We present results from the first study to examine the causal impact of early childhood education on social preferences of children.  We compare children who, … Continue reading

Posted in Economics and public policy, Education | Leave a comment