Nov 18 2015 Books: Reviews and Suggested Readings A Swarm of Thoughts on Hive Mind Bryan Caplan Some of what's swirling in my mind after reading Hive Mind:1. At the individual level, IQ is much more highly correlated with job performance than income. So while national IQ has a bigger effect on national income than personal IQ does on personal income, it's less clear that national IQ has a bigger effect on n... 8 Read More
Nov 17 2015 Monetary Policy What does Ted Cruz know that most Ivy League econo... Scott Sumner A commenter named Cameron sent me this interesting exchange from the recent GOP debate: CRUZ "Yes. Now, let's be clear, there is a role for the Federal Reserve -- what the Fed is doing now is it is a series of philosopher-kings trying to guess what's happening with the economy. You look at the Fed, one of the reasons... 8 Read More