Hayek argues: as government employs more of the population, the private sector experiences more volatility. Volatility increases risk so much that people begin to fawn over and increasingly compete for the stability found in government work.

Obama appointed 5 governors, Trump I appointed 2, Biden 4. It’s hard to say, but that pattern may be luck, or politically timed resignations. Even if Trump appoints a new Chair, that’s 3 of the 7 governors that he’ll have appointed.

What do you want to know?.

RT @asymmetricinfo: Unless we get really good robots--or fertility turns around--reality will do this for us. Ultimately, there is no retir….

I'm now Chair of the Economics Department at Ave Maria University.

I went to the dentist today. My hygienist said that he used to be a dentist in Cuba. After immigrating, he became a dental assistant, now a hygienist, and is on the path to becoming a dentist. I asked him to characterize the difference between dentist offices in the US vs. Cuba.

RT @ATabarrok: The zero-sum trap: the more people believe that wealth, status, and well-being are zero-sum, the more they back policies tha….

Wait a tick….

The Fed's independence does a lot of legwork for economic stability:.

Say Trump gets the most dovish Fed chair. So What? The independence of the Fed is built in institutionally - it's not a matter of mere will. The FOMC members don't report to the president's administration. The Fed's organization helps prevent a wreck due to bad/foolish actors.

RT @AlexNowrasteh: @danrothschild @3YearLetterman Friends don't let friends IV.

RT @jbsteinberg: Once again, I'm disappointed to see Autor and co inappropriately extrapolating their DiD results to make conclusions about….

People emphasize migration and the flocking to Texas & Florida. Utah is 43% more populous than 20 years ago. You don’t hear clamoring for their state policies. Idaho and Nevada also beat Florida in terms of percent change. Where are the calls to be like Idaho?.How does your.

Q: Who benefits from the deduction? .A: Itemizers with heavy state and local tax bills. So the SALT deduction is a tax cut that primarily benefits rich people who live in high tax districts. Where’s that? .

If you want to enjoy $500 of real, after-tax monthly income for ages 65-80, then start your modest $100 monthly contributions by the time your about 36 years old. If you become a centenarian, then you’ll want to start contributing by your late 20s.

"Even after the pandemic policies have settled down, we are still SO MUCH RICHER. Eating out is *up* 4.6% since 2020, increasing 31% since 1990. So, while people couldn't enjoy the the low prices of yesteryear, we are still better off than pre-pandemic. In the other categories,.

"Math books do something similar but the translation is English-Math. We can get broader and say that all textbooks are translation devices. They define field-specific terms and ideas to help a person translate among topic domains, usually with a base-language that reaches a.

RT @DrewPavlou: Total number of deaths by age globally 1950–2017. The massive spike on the graph was Mao killing 50 million Chinese people….

RT @rmc031: A new bipartisan bill would require private insurers to fully cover the cost of childbirth with no co-pays or deductibles. Aver….

RT @besttrousers: Auction theory works at sea level and a mile above sea level. But try a physics experiment that involves boiling water!.