Short, simple, and to the point. I really think the anti-Amazon folks should get another word.
But, hey, this sounds almost like progress:
Even California’s liberal Democrats are starting to understand that the state’s housing crisis is fundamentally a supply-and-demand problem.
Related: the NY Times profiles a woman who commutes three hours (one way) to San Fran from Stockton.
Al wasn't wrong. He was just, as they say, early.
Jeffrey Dorfman, Professor of Economics at U. of Georgia, does an excellent job dispensing with some common errors.
Interesting conjecture that I, as a non-specialist in this line of research, hadn't heard before.
Supposedly, "program-driven hedge funds" are having trouble. It's another example of market competition doing what it does.
As the poet wrote, "The best laid schemes o' mice an' men / Gang aft a-gley". And bureaucrats' plans, too. Who'd thunk it?
I think having graduate students try to replicate published papers is a simply excellent idea. I tried it with my students a few times with some success.
The profession, as is widely recognized, needs more replications. The graduate students may well get started on research topics that interest them. And the students will probably learn more about the limitations of the much-vaunted "peer review" than most journalists seem to know.
Noted economist Timothy Taylor explains how creative, profit-seeking individuals are, once again, greatly reducing an allegedly disastrous problem.
Some researchers think the widespread and innovative use of big data, AI, and robotics in areas such as health care, education, and the service sector could eventually boost productivity growth high enough that overall 3 percent growth is doable.