Last weekend I read Prophet of Innovation, Thomas McGraw’s biography of Joseph Schumpeter. Maybe more on that later: I need to write something about it before I forget the content. Somewhere in there McGraw quotes Schumpeter’s line that “the budget is the skeleton of the state, stripped of all misleading ideologies.” With that in mind, […]
Following up on the ongoing discussion about Freakonomics, my review of the book just came out in Sociological Forum, and I think it overlaps a bit with some of the things Omar was saying in the comments to Fabio’s post. (A layout issue in headline makes it look as though I’m the author of the […]
Home sales are down a long ways. But why?
Sales of existing homes plunged in March by the largest amount in nearly two decades, reflecting bad weather and increasing problems in the subprime mortgage market, a real estate trade group reported today. … David Lereah, chief economist at the Realtors, attributed the big drop in part […]
On Bloggginheads.tv, Virginia Postrel and Dan Drezner discuss organ markets, Virginia’s recent spat with Amitai Etzioni, and the importance of making clear that Kieran Healy Is Not A Libertarian.
In the discussion, Virginia wonders what I think of Etzioni’s view. In his letter to the New York Times, Etzioni decries the prospect of market incentives in […]
Continuing the trend of Libertarian economist types talking to sociologists, here is Viviana Zelizer being interviewed by Russ Roberts (of George Mason University) on Econ Talk, a podcast hosted by the Library of Economics and Liberty.
On the side of this box of McCann’s Oatmeal here it says: “Tip: Add liquid to oatmeal a few minutes before cooking. It will cook faster.” Now, I can see the benefits of doing this in terms of energy conservation. But the fact is, I’m not going to get my oatmeal any faster, am I? […]
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