Did he or didn't he? : Like his predecessors, Marx totally neglected the possibility of durable technological progress and steadily in...

This past weekend I toasted Ed Nell at his retirement function at the New School on being "a member of a vanishing species, a true gent...

On Andrew Sullivan's Daily Dish, Justin Wolfers is quoted comparing Becker to Marx : "no economist since Marx has had such a prof...

Greg Mankiw tries to revive the case of a privatized VHA by citing an extremely unfortunate issue with respect to how the Phoenix VHA ratio...

BLS reported: Total nonfarm payroll employment rose by 288,000, and the unemployment rate fell by 0.4 percentage point to 6.3 percent in A...

I still do not have a copy of Piketty's book, but watching the ongoing debates it has triggered has been quite fascinating, with the rec...

I guess few here are interessted in this, but I cannot resist noting the weird gyrations of spelling of urban names in Ukraine going on at t...

She seems like a nice person and she wants the best for everyone, but her writings have become so counterproductive, so utterly wrong and ye...

The Supreme Court took up the question of whether police can search the cellphones of people they’ve arrested without first obtaining a warr...

Let me begin by noting that I have as yet been unable to obtain a copy and so have not read Piketty's smash hit book yet.  However, I th...

Page 341: "As noted, the theory of marginal productivity and of the race between technology and education is not very convincing......

I think I've figured out a crucial missing link in the account of science I've long supported , and I want to put it in words while ...

In his discussion of the Cobb-Douglas production function and the presumed stability of the capital/labor income split, Thomas Piketty refer...

Miles Kimball has steered me to Matt Ridley , who gets IPAT completely wrong.  Ridley says he used to be an ecologist, but if he was his tr...

You look around.  Some people are rich, even very rich, and others are poor.  Most are somewhere in between.  It’s not equal, but you think ...