Excellent video! Planet Money should know better. Nice bit on Baumol also.

You can sign up to come eat lunch with me, Bryan Caplan, and Scott Sumner outside of LA tomorrow.

As a guy who has lived in both places, I think about this @tylercowen quote a lot.

I didnt intend to become the defender of PE in housing but they (1) supply a product (single family rentals) that some people desire (2) are generally an above average landlord (3) often build to suit rather than buy existing and (4) writers tend to lose their mind on the topic.

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You don't understand--this is actually great. It's exactly what you want to see. This is the incumbent clinging to their old business model. This is your telco offering VoIP calling for 50% discounted long-distance rates, while Skype was free. This is so bullish all the crypto

All @ATabarrok or @MTabarrok articles are great! Innovations in Health Care - Marginal REVOLUTION

.@RichardHanania: “The wealth of nations can be predicted in a pretty straightforward way based on only two factors: human capital, and the degree to which they embrace markets.” [TLDR: Only despotic governance can prevent East Asians from becoming rich.] https://t.co/lS5D2eVoP4

Boom gets a longer runway! Great news.

A good read from @veroderugy and @_JackSalmon_ A Friendly Response to Alex and Tyler's Discussion About the Debt https://t.co/XSvQKdfjEk

Exciting to see more banks embrace crypto like this. PNC Private Bank clients can now buy, sell, and hold bitcoin in their existing accounts. PNC is the first major US bank to support this type of offering.

"The Gulf Arab countries have oil, but what did East Asia have? Why was this the only region of the world that started out at the very bottom rung of development and then took off, without natural resources being the explanation?" There's a simple explanation, but a lot of

I’ve always said Vance is the White Kendi. Here he is rejecting every scientific and academic paper that’s ever been written on immigration because of who writes it, saying without evidence they’re all getting rich. This is indigenous ways of knowing for hillbillies.

Congratulations to our scientist, Laurent Simons, for earning his PhD in quantum physics at just 15—an exceptional achievement. In our lab, Laurent’s work focuses on in silico biology to accelerate treatment of devastating diseases. We’re thrilled to have him on the team.

James Ho, a former Clarence Thomas clerk, made a key point: illegal aliens are illegal precisely because they are subject to US jurisdiction and US law. https://t.co/p47zVV9XC1

I still think people would be surprised that it is literally illegal to build this almost everywhere in North America on like ten different zoning and fire code and building code grounds. It is insanity.

"Only Kafka would appreciate a fuel-economy system that makes small fuel-efficient cars hard to sell and giant trucks easy."

It's almost unbelievable how clever the ancients were

The percentage of Harvard students receiving disability accommodations has risen from about 3% in 2014 to 21% in 2024. The Harvard Crimson published this graphic showing the rise at Harvard and several other elite schools. Watch Brown and Stanford too!

First branch acting like it's the first branch

The way you know that mid-20th-century nostalgia is bullshit is that it also exists IN CHINA