On Polycentrism and the New Classical Liberalism. Neoliberalism is dead; Long live Neoliberalism!, pt 1. open.substack.com/pub/digressi... with a shout out to @mattzwolinski.bsky.social @vladtarko.bsky.social, @drnickcowen.bsky.social

On Polycentrism and the New Classical Liberalism. Neoliberalism is dead; Long live Neoliberalism!, pt 1.

Fairly or not, neo-liberalism (and its cousin new public management) ended up being associated with monopolistic privatization, the Financial Crisis and the Great Recession, Austerity, and Pinochet.

open.substack.com

Andrew Farrant of Dickinson College and @vladtarko.bsky.social of @uarizona.bsky.social invoke a wealth of previously ignored primary source material that sheds significant new light on James M. Buchanan's early 1980s involvement with Chile. #Chile #Democracy #Dictatorship

Who is to put the bell on the cat? Democracy, dictatorship, and James M. Buchanan's early 1980s involvement with Pinochet's Chile

Although Milton Friedman's mid-1970s involvement with Pinochet's Chile has generated much controversy, the claim that James M. Buchanan was similarly eager to provide Pinochet's military dictatorship...

doi.org

The #rstats package for the "Approximate Maximum Influence Perturbation" method of assessing the robustness of your results -- finds the smallest number of observations which, if removed, eliminate the coefficient significance or flip its sign. github.com/rgiordan/zam...

New by Gianna Englert in AJPS Tracing the “true liberalism”: F. A. Hayek as a reader of Tocqueville doi.org/10.1111/ajps...

American Journal of Political Science | MPSA Journal | Wiley Online Library

In reaction to diagnoses of a “crisis of liberalism,” scholars are actively engaged in revising our understanding of the tradition's history. This article explores an alternative account of the liber...

doi.org

New job opening at University of Arizona in Department of Political Economy and Moral Science - the home of the PPEL major. Tenure-Track Assistant Professor, philosophers, political scientists, economists, or legal scholars all eligible to apply. arizona.csod.com/ux/ats/caree...

The second edition of The Effect is now available for preorder! This version has a whole new chapter on Partial Identification, a considerable update on staggered treatment and control variables in DID, and zillions of other little updates throughout. www.routledge.com/The-Effect-A...

The Effect: An Introduction to Research Design and Causality

The Effect: An Introduction to Research Design and Causality, Second edition is about research design, specifically concerning research that uses observational data to make a causal inference. It is s...

routledge.com

In the 1980s, economist Julian Simon won his bet with biologist Paul Ehrlich on material prices. Who would have won the Simon-Ehrlich bet over different decades, and what do long-term prices tell us about resource scarcity?

Kenneth Arrow’s Last Theorem: Why do the most patient individuals dictate environmental policy in the long run? Let’s explore this fascinating result about efficiency and time preferences. 🧵 www.mechanism-design.org/arch/v009-1/...

Here’s one in Tucson. First bird that showed up at our new cam. (Love your writing…)

One interesting implication here is that structural transformation into services is faster than manufacturing everywhere in the income distribution, even in the range (0-20k income) when manufacturing is still growing www.ft.com/content/aee5...

Krugman's best pieces: • The babysitting co-op slate.com/business/199... • On modeling web.mit.edu/krugman/www/... • Japan liquidity trap web.mit.edu/krugman/www/... • on zoning www.nytimes.com/2015/11/30/o... archive.nytimes.com/krugman.blog... • how I work web.mit.edu/krugman/www/...

Ooh, look at this paper in the JEL. For all you Red Plenty fans.

Soviet Mathematics and Economic Theory in the Past Century: A Historical Reappraisal

(December 2024) - What are the effects of authoritarian regimes on scholarly research in economics? And how might economic theory survive ideological pressures? This article addresses these questions ...

aeaweb.org

In the GIS part of my #rstats #dataviz class, students ran into issues with limiting maps to Europe (thanks to French Guiana), so I wrote up a little guide to dealing with Natural Earth's map unit hierarchy + how to zoom with coord_sf() datavizf24.classes.andrewheiss.com/news/2024-11...

What are some good studies about why US healthcare is so much more expensive than European systems? I'm guessing restricted supply is part of the story, but far from all.

Joshua Gans, Scott Stern, and I are thrilled that our new book, Entrepreneurship, Choice and Strategy from W. W. Norton & Company, Inc., is launching into more classrooms this Spring (and your favorite online bookseller in TEN days)! 🎉

New CRAN package cellularautomata with initial version 0.1.0 #rstats https://cran.r-project.org/package=cellularautomata

And for those piping into View(), run rstudioapi::writeRStudioPreference("data_viewer_max_columns", 1000L) to display more than 50 columns at once. #rstats

Rebecca Barter@rlbarter.bsky.social · 2y ago

I don't know who needs to hear this, but if you want to look at all columns of a tibble (which has the somewhat annoying habit of only showing you as many columns as you have space for), just pipe it into print(width = Inf): df |> print(width = Inf) #rstats

It's really tempting to start using {tidyplot} instead of {ggplot2}. It doesn't cover all the cases I encounter (especially when two datasets are used for the same plot), but for most plots it's much simpler. #rstats jbengler.github.io/tidyplots/ar...

Universal structure of grammar.

These two papers, taken together, really cause a rethinking of behavioral economies. Rather than having anomalous risk preferences; it looks like people have complexity aversion to "hard" decisions, especially on valuation, which drives behavioral anomalies. Herbert Simon ftw.

Florian Ederer @florianederer.bsky.social · 2y ago

Some of the most important lottery anomalies from the behavioral risk literature (e.g., probability weighting and loss aversion) actually have nothing to do with risk. They also arise in perfectly deterministic settings. Lead article in the latest AER issue: www.aeaweb.org/articles?id=...

If you're using #rstats and ggplot, it's easy to have line plots with labels on the right: - drop the NAs for the variable of interest - define label variable for only the end - use ggrepel to make the labels with some nudge_x - remove legend Example:

New in the APSR by Kirshner and Spinner-Halev doi.org/10.1017/S000...

Pretty remarkable prediction for 1993. #SEA2024

it is funny how much the politicized version of immigration economics discourse is "Immigrants supply labor but do not demand labor, thus lowering wages for Americans. Except in the housing market, where immigrants demand housing without supplying it, thus driving up prices for Americans"

This looks great! You can now use Obsidian as a simple #rstats IDE. You can run quarto documents inside Obsidian, get help, and see the environment. michelnivard.github.io/Ridian/

Made a #rstats package for creating cellular automata. Has a quick way of generating them (as a matrix) based on the Wolfram rule, plotting them, and generating an animation. cran.r-project.org/web/packages...

recently i watched seven samurai and enjoyed the reference to poor nutrition causing night blindness. i also noticed how shameful it was for the peasants to be eating millet which of course is now marketed as a health food. the film is also full of game theory. literally something for everyone.

Those of us who favor diversity as an intrinsic good and/or for Hong-Page epistemic reasons really need to grapple with these kind of results instead of hiding form them.

NBER@nber.org · 2y ago

Diversity trumps the cognitive and hedonic measures of subjective well-being by hindering the quality of the macro social environment, from Resul Cesur and Sadullah Yıldırım https://www.nber.org/papers/w33163

Our World in Data just got even better: ourworldindata.org/easier-to-re...

We've made it much easier to reuse our data

An overview of our new features: enhanced data downloads and the Chart Data API.

ourworldindata.org

I guess you could do a Solow model of death rate vs fertility:

Tatyana Deryugina@tderyugina.bsky.social · 2y ago

Today's topic: Solow growth model.