Data Challenge: Can "Full-Time, Year-Round Workers" Be Unemployed? Bryan Caplan By Bryan Caplan, Jun 5 2014 SHARE POST: I’ve often heard economists talk about “full-time, year-round workers.” Data challenge: Can such workers also be officially “unemployed”? Answer tomorrow.
Jun 6 2014 Economic Growth The First Fundamental Law of Capitalism Scott Sumner Suppose that I made the following claim: The formula M*V = P*Y is a pure accounting identity. It can be applied to all societies in all periods of history, by definition. Though tautological, it should nevertheless be regarded as the first fundamental law of capitalism, because it expresses a simple, transparent relat... 9 Read More
Jun 6 2014 Cost-benefit Analysis Cartoon Introduction to Climate Change: My Reserva... Bryan Caplan While there's much to like in Yoram Bauman's Cartoon Introduction to Climate Change, this page nicely captures my reservations about his approach: He's tolerant of economically illiterate action, but intolerant of economically literate inaction. (Click to enlarge).[Excerpted from The Cartoon Introduction to Clima... 4 Read More
Jun 5 2014 Economic Methods Data Challenge: Can "Full-Time, Year-Round Workers... Bryan Caplan I've often heard economists talk about "full-time, year-round workers." Data challenge: Can such workers also be officially "unemployed"? Answer tomorrow. 1 Read More