Yes, indeed. Big companies don't tend to last. Big Government, on the other hand, is . . . forever.
I believe the economics literature on this is mixed. But if things keep going like they have been in Illinois, Rhode Island, California, and other states, in a few years we may well have some better tests.
One commenter on the Economics Job Market Rumors board writes:
This is a great reform! Now we can explicitly write "my strong prior is that results by LRM are garbage" in our rejection reports instead of constructing elaborate rationalizations.
("LRM" stands for "low rank monkey". See this post for details.)
"Democracy in Chains: The Deep History of the Radical Right’s Stealth Plan for America by Nancy MacLean"
MacLean’s own responses and the unwillingness of so many other progressive historians and scholars to call her out on her obvious scholarly transgressions are very sad outcomes. A serious attempt to engage public choice theory by progressive scholars would have been welcome, as would a subsequent exchange that involved more than progressives taking legitimate scholarly criticisms as coordinated attacks and then shouting “Koch!” as if that were an answer to said criticisms. Such a conversation will have to await the publication of a different book.
One Liberal learns something. May more follow.
But what is wrong about this is not what Thaler and behavioral economists think is wrong. Neoclassical man was never intended to be an image of a real person. He was, and is, a puppet – a theoretical construct designed to generate predictions about market or aggregate behavior. . . .
Aside from the policy implications, there is an incredible irony here. Standard economics is mocked for its rationality assumptions and yet those assumptions are held up as an ideal for real human beings.
Much of the commentary on Thaler, and on behavioral economics more generally, hints that he overthrows the basis for standard, modern microeconomics. Umm. Eh. Well . . . No.
They say in the NFL, "Film doesn't lie." If so, this kid would seem to have a great future.
Interesting: I've had Lindt chocolate a couple of times and was unimpressed. I thought I was just weird. But, apparently not.
To paraphrase Crocodile Dundee: "That's not a truck. This is a truck."
"Bioavailability" is key.
Good. I'll take this one off my ever-lengthening worry list.
Well worth remembering when you read about the next big Health Scare.
"Most research findings are false or exaggerated, and the more dramatic the result, the less likely it is to be true . . ."
Not too early, I trust, to get prepared for driving in snow and ice.
Knowing who to trust is difficult. (My suggestion: educate yourself and then trust yourself.)
The subject of retirement is also filled with experts with conflicting points of view.
Good question, one I've had. Current feminism seems to celebrate women's new freedom to imitate the worst behavior of men. That's some achievement.
Also on current gender stuff: "Why are good men so hard to find?"
Not easy, especially given the state of journalism today.
The newspapers love a cancer research story, but many are misleading or won’t affect patients for many years. But there is plenty of progress worth reporting.
. . . is "an emerging and growing phenomena," at least according to the The Beer Professor.
There is no such beast as a new car that “pollutes” — if that word is understood to mean what it ought to mean. That is to say, what it once meant.
Oooooh, call on me, prof! I know, I know!
Fine. Maybe DC real estate prices will come down a little.
Once again it seems like almost all chronic health problems of middle-aged and older people are now being attributed either to inflammation or gut bacteria.
If this is being reported by the Bay Area CBS stations[!], how long will the politicians be able to keep kicking the can down the road?
"Is social justice war coming home to roost at Oberlin, as it did at Mizzou and Evergreen State?"
Good question. I read Obamacare was going to fix that.
Sound good to me.
Modern cosmologists have one tough job.