CONVERSABLE ECONOMIST
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Thursday, July 13, 2017
The Ingredients for a US Productivity Revival
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It's easy to find gloomy predictions for continued slow growth of the US economy. Thus, Lee Branstetter and Daniel Sichel caught my eye ...
Wednesday, July 12, 2017
Tally Sticks and the Fundamentals of Money
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Do you know the true story of how a careless clerk, while burning up some outdated money, caused the Great Fire of 1834 which destroyed bot...
Tuesday, July 11, 2017
Arm's-Length International Trade
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"Global value chains often involve numerous cross-border operations, conducted either `intra-firm,' that is, between firms related ...
Monday, July 10, 2017
The Five Grandchildren Query
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Members of the Religious Society of Friends (often known as the Quakers) use the word "query" in a specific sense, to refer to a q...
Thursday, July 6, 2017
Economic Theory: Limitations and Biases
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Arnold Kling tackles the hardy perennial topic "How Effective is Economic Theory?" in the Summer 2017 issue of National Affairs . ...
Wednesday, July 5, 2017
Notes on "Eternal Vigilance is the Price of Liberty"
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Who said: "Eternal vigilance is the price of liberty?" Well, it wasn't Thomas Jefferson, at least not according to the officia...
Tuesday, July 4, 2017
Why Not Taxation and Representation?
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As a July 4 mental workout, consider an alternative version of history. At the end of the Seven Years War (also known as the French and Ind...
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