Piketty, Piketty, Piketty, Piketty Russ Roberts By Russ Roberts, Sep 24 2014 SHARE POST: Check out the EconTalk interview, the followup discussion questions, my thoughts on the conversation, and my discussion with Tyler Cowen, Brad DeLong, and Robert Solow (last link).
Sep 25 2014 Behavioral Economics Spot the Problem David Henderson In a July post, Matt Bruenig estimates that in the absence of government programs to alleviate poverty, the percent of Americans who would be officially classified as poor would be a whopping 23.8% versus what it actually is: 15%. Go to his article and figure out how he estimated this. It's relatively straightforward... 14 Read More
Sep 25 2014 Cost-benefit Analysis The Welfare State as Extended Warranty Bryan Caplan "Extended warranty? How can I lose?" -- Homer SimpsonValue is subjective, and taste for risk varies widely. But every economist I've asked - and virtually every savvy consumer - concludes that extended warranties are a lousy deal. The ... 26 Read More
Sep 24 2014 EconTalk Piketty, Piketty, Piketty, Piketty Russ Roberts Check out the EconTalk interview, the followup discussion questions, my thoughts on the conversation, and my discussion with Tyler Cowen, Brad DeLong, and Robert Solow (last link). 2 Read More