Attached is a post by James Kwak. It strongly rejects a comment by Caplan and Beaulier that Behavioral Economics will Undermine the welfare state by...
I have often worried about whether promoting ‘efficiency” – in the economic sense – ensures maximum well being where it makes some people better off...
(Originally published in the business pages of the Melbourne Age and Sydney Morning Herald, 24th March 2010) When I first began writing about the global...
How can we quantify culture? This sounds ridiculous. It sounds like a quixotic intellectual conceit. But I think the idea is important to economics because...