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Wednesday, July 10, 2019

Is AI Just Recycled Intelligence, Which Needs Economics to Help It Along?

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The Harvard Data Science Review has just published its first issue . Many of us in economics are cousins of burgeoning data science field,...
Tuesday, July 9, 2019

Raising the Minimum Wage: CBO Weighs in

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No proposal to raise the minimum wage can be evaluated without asking "how fast and by how much?" The Congressional Budget Office ...
Friday, July 5, 2019

US Multinationals Expand their Foreign-based Research and Development

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"For decades, US multinational corporations (MNCs) conducted nearly all their research and development (R&D) within the United Stat...
Thursday, July 4, 2019

"Loyalty to the Nation All the Time, Loyalty to the Government When it Deserves It."

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Mark Twain wrote an essay back in 1905 called  "The Czar's Soliloquy" ( North American Review ,  Vol. 180.No. DLXXX).   The es...

James Truslow Adams and the Origins of "The American Dream"

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The phrase “the American Dream” was coined by a Pulitzer prize-winning historian named James Truslow Adams in his 1931 book The Epic of Amer...

George Washington on the Dangers of Political Partisanship

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George Washington's Farewell Address in 1796 is perhaps best-remembered today for his advice: "'Tis our true policy to steer c...
Wednesday, July 3, 2019

Is the Health Care Policy Focus Shifting from Access to Cost?

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In my experience, complaints about the system of health care finance over the years almost always began with the lack of universal health in...