The Latest Nobel Arnold Kling By Arnold Kling, Oct 10 2011 SHARE POST: Tyler Cowen tells you about Sargent and Sims. My reaction is, “eh.” Sort of like Bert Blyleven. Star players, but not historically important, unless you’re from Minnesota.
Oct 11 2011 Cost-benefit Analysis Financial Dysfunction: Who Shares the Blame? Bryan Caplan When people eat and drink too much, most of us blame the consumer. Businesses don't force anyone to become obese alcoholics; they're just responding to consumer demand. If people started spending their money more wisely, business would uncomplainingly cater to their new choices.Of course, you could blame bo... 16 Read More
Oct 10 2011 Business Economics Against Merit Pay for Teachers Arnold Kling That would be my position. A government-run system of teacher compensation, based on test scores, would in some ways be the worst of all worlds. It would create incentives for teachers to "game" the system. It would give too much weight to a noisy indicator of performance. As a result, it would do little or nothing to... 14 Read More
Oct 10 2011 Economic Methods The Latest Nobel Arnold Kling Tyler Cowen tells you about Sargent and Sims. My reaction is, "eh." Sort of like Bert Blyleven. Star players, but not historically important, unless you're from Minnesota. 7 Read More