Tagged: Economic theory

Who is responsible for stopping NZ’s obesity epidemic? - Public Health Expert

Public Health Expert Apr 18, 2016

Dr Robyn Toomath Editorial note: In this blog-perspective, obesity expert Dr Robyn Toomath outlines the dogmas and arguments for the ‘individual-responsibility’ explanation and (lack of) solution to the obesity epidemic. She then points to the market failures that render (non-regulated) free-market solutions as doomed to fail. The views in this blog are expanded in greater depth in a book Dr … Read More

Can physicists please look at a basic textbook before releasing these things - The Dismal Science

Matt Nolan Jun 03, 2014

FFS, this is probably the worst example of a physicist treating economists like idiots, and saying something both meaningless and already known, that I’ve seen for a while (via Marginal Revolution). The basic inequality that plagues economies the world over may have a simple explanation—at least, according to physicists who’ve turned to economics. Simple explanation […] … Read More

Thinking about what ‘economics’ is - The Dismal Science

Matt Nolan Jan 17, 2014

I am trying to gradually clarify my perception of what economics is.  Here are some cliff notes from a recent discussion I had: Economists try to answer questions about “the allocation of resources given scarcity”.  Every question is quite specific and different, economics education involves learning a broad set of skills that allow us to […] … Read More

Quote of the day: Pinker on changes in social sciences - The Dismal Science

Matt Nolan Oct 09, 2013

Via Noah Smith.  We have the following post on the Pinker vs Wieseltier debate on science and humanities (if you have a chance I would suggest reading the debates themselves as well). The era in which an essayist can get away with ex cathedra pronouncements on factual questions in social science is coming to an […] … Read More

Resource booms and income distribution - The Dismal Science

Matt Nolan Aug 22, 2013

Via Vox Eu comes a piece looking at the distributional consequences of resource booms – using Australian data.  Their conclusion: We need good time series data from developing countries to see whether the distributional impact is bigger there than what we find for Australia. Until then, the analysis here seems timely and relevant, not just […] … Read More