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Living the good life near Zion National Park.
Recent Activity
A Wisconsin professor went out and asked rural people what they thought. She listened and wrote a book about it. What a concept! The conclusion part is that 1) they don’t feel decision-making includes them, 2) they don’t feel they’re... Continue reading
Posted yesterday at voluntaryXchange
The news this week is that President-Elect Donald Trump has convinced executives at Carrier to not move a production facility from Indiana to Mexico. The backstory to this is that the business had bottom line reasons for wanting to move... Continue reading
Posted 2 days ago at voluntaryXchange
Have you seen this? Depending on your browser, you may have to click this link. I’m the bumble in our home — hanging frames is my job. And what a pain in the butt. It can be really hard to... Continue reading
Posted 3 days ago at voluntaryXchange
Macroeconomics is generally not an experimental science. It’s observational. One of the advantages of an experimental science is that you can control causes to isolate their effects. You can come up with different stories about what the causes are, but... Continue reading
Posted 3 days ago at voluntaryXchange
I wouldn’t say it’s a choice so much as a necessity: we take a lot of naps in our home these days. Making the bed happens more than once a day: Most of the time I get this right. Although... Continue reading
Posted 5 days ago at voluntaryXchange
The internet is dark on this one: was that Richard Posner doing a cameo on the November 20 episode of the Showtime series Shameless?* There is more than one scene in this episode of a University of Chicago disciplinary committee.... Continue reading
Posted Nov 28, 2016 at voluntaryXchange
King Fidel died the other day. What? You didn’t know he was a king? What do you call someone that ruled since 1959 without reasonable elections until they chose to retire, then abdicates in favor of a younger family member... Continue reading
Posted Nov 27, 2016 at voluntaryXchange
Mark Perry notes why so many really expensive cars have Montana license plates: you pay the sales tax on a car at the time you get the plates. Montana has no sales tax. It doesn’t even require the car to... Continue reading
Posted Nov 25, 2016 at voluntaryXchange
Mark Perry: My students know I have a long history of pointing out that business leaders do not usually “get economics”. Whether we like it or not, most of the the world’s decisions are decentralized and based on the price... Continue reading
Posted Nov 24, 2016 at voluntaryXchange
Go read Benjamin Hart’s November 2 satire in The Awl entitled “The Only Article You Need to Read About Why Trump Voters Are Angry: Because it’s the only article people are writing about Trump voters”. I got a few laughs... Continue reading
Posted Nov 22, 2016 at voluntaryXchange
I sometimes like Maureen Dowd (she can definitely write well). Here’s some quotes from “Absorbing the Impossible”, her column from the morning after the election.* I sat watching in astonishment. The one who couldn’t bear to show up to concede... Continue reading
Posted Nov 22, 2016 at voluntaryXchange
From Salena Zito: … The press takes him literally, but not seriously; his supporters take him seriously, but not literally. That helps me (although I’m still not sure if I can take him seriously or not). I first saw this... Continue reading
Posted Nov 22, 2016 at voluntaryXchange
Harry Enten* of FiveThirtyEight argues that Trump voters were not shy about admitting their intentions. He gives 4 reasons: Social Desirability Bias suggests that Trump’s performance should have been most surprising in blue states. It wasn’t. Other Republicans, who were... Continue reading
Posted Nov 22, 2016 at voluntaryXchange
Suppose that almost all the scandals involving Hillary were faked. There’s one that I just could never get around. It was dealkiller for me from the start. It’s the cattle futures, and the excuse. To review, in 1994, it was... Continue reading
Posted Nov 17, 2016 at voluntaryXchange
Twenty-five years ago, Ruth Ezell first noted if we voted for Bill, we’d get Hillary two.† What we now call the legacy media regarded this BOGO deal as a feature. Finally, I think it’s clear that it was a bug... Continue reading
Posted Nov 17, 2016 at voluntaryXchange
My overwhelming feeling of the past week? Huge relief that (hopefully) the Clintons are gone for good. Hillary is a national nightmare. Having said that, I am not remotely happy that Trump is the next president. Nonetheless I feel that... Continue reading
Posted Nov 17, 2016 at voluntaryXchange
Quick, Draw is a website where you doodle. It has an underlying neural net that identifies what you drew. It’s seems a little hokey. But you need to trust it: one part of it tells you what to draw, and... Continue reading
Posted Nov 16, 2016 at voluntaryXchange
You’ve got to think that after Trump’s stunning upset — at 9:30 EDT the betting markets still had Clinton winning — that the Nobel Committee can just give Ray Fair his prize right now. Tyler Cowen noted this back in... Continue reading
Posted Nov 9, 2016 at voluntaryXchange
I voted. What a cluster fuck. My county is moving away from in-person voting to by-mail voting. For now, what this means is that they’ve just increased the number of voters assigned to polling places by consolidating those. There were... Continue reading
Posted Nov 8, 2016 at voluntaryXchange
Who is more unhinged about tomorrow, Clinton supporters or Trump supporters. Relax. Betting markets say Clinton has it locked up. Here’s Obama vs. Romney in 2012: Here’s Clinton vs. Trump: Note that the scale has changed because Clinton is so... Continue reading
Posted Nov 7, 2016 at voluntaryXchange
I have a terrible closet of an office. But it has a great view: hundred mile visibility, and multiple mountain ranges. Once a year, a magical thing happens outside this window. It usually lasts for a day. Around Halloween, a... Continue reading
Posted Nov 7, 2016 at voluntaryXchange
Yes, there’s an element to this news story that’s jokey, and there clearly was some lack of editorial oversight here. But it shows how mood affiliation leads to policy activity, with or without deep background thought. Anyway, Canada has 2... Continue reading
Posted Nov 1, 2016 at voluntaryXchange
Colleague Josh Price: Dresses as colleague Tyler Stillman yesterday: Awfully creative for a microeconomist … P.S. Before seeing this, I razzed (former student and current adjunct faculty member) Jake Miller for dressing up as emeritus professor Rhead Bowman in like... Continue reading
Posted Nov 1, 2016 at voluntaryXchange
Charles Coonradt: In the absence of clearly defined goals, we are forced to concentrate on activity and ultimately become enslaved by it. I don’t have a source for this. I got the quote from my colleague Greg Powell, who used... Continue reading
Posted Oct 31, 2016 at voluntaryXchange
Our terrier has occasional stomach distress … doesn’t seem like anything serious … once every several days … associated with coprophagia (although the vet says maybe he’s self-medicating). When he is like this, he often wants to snuggle for an... Continue reading
Posted Oct 30, 2016 at voluntaryXchange