Joined November 2008
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Clearly, we should raise the sin of envy to the status of a virtue.
Then, at least you'd be virtuous.
Jun 12
I am 52 years old. I have been working since I was 15 years old. I have no savings, no retirement, and will never own a home before I die.
And there is now a trillionaire.
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Michael Munger ποΈπͺπ¨βπ³ retweeted
A lot has changed since 1976, friendβ¦
Jun 13
I made this 165 second video for my Parties & Elections class-thought I'd share. It's a remake of the classic @Voteview video with some added bells/whistles, even some music. :) youtu.be/B84qoAkjrZE
Also here's a clickable/interactive website as well: kylesaunders.com/voteview/
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Michael Munger ποΈπͺπ¨βπ³ retweeted
Jun 13
So if Musk is βhoardingβ money, what would it mean if/when the stock price goes down? The selling window doesnβt start to open until August. So if by then the price drops 25% did he give back that money to everyone else? If he hoarded it, that must mean when he loses it, it goes somewhere. Or maybe they think heβs hoarding naturally occurring electric cars and rockets? Or maybe none of these people understand how wealth creation works.
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They are NOT the same issue, though they are related.
There is a "Laffer curve," I expect. If college is far too easy, everyone can get a diploma by mail, so no signal value, so fewer people go.
If too hard, they won't finish, and fewer people go through.
Jun 12
They're the same issue.
If you make college harder, fewer people will go and fewer still will finish.
If you make it hard in absolute terms, far fewer will go, and almost no one will finish.
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Still, @bryan_caplan may be right empirically, locally, though: at the current range, harder may cause fewer enrollments.
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Sartre: "Hell is....OTHER PEOPLE!"
That's like Buchanan and Tullock's notion that being bound by the will of others is an externality, and a negative one at that.
We might vote on choosing a restaurant, but THEN we order different things off the menu!
liberalism.org/p/public-choiβ¦
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That is hilarious, actually.
Econs of the Left, 1976: "Socialism is better than Capitalism for Growth!"
Econs of the Left, 2026: "Socialism is bad for growth, and that's good!"
Jun 13
There was once a that socialism would work better than capitalism. This was mostly wrong and post-1989 it seemed like we'd agree on market economies plus a welfare state.
But an injection of green degrowth has birthed "socialism will wreck the economy β in a good way!"
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Michael Munger ποΈπͺπ¨βπ³ retweeted
Jun 13
Not one European University in the top 20. Itβs not for lack of talent. Rather, Europeβs regulations discourage risk taking and entrepreneurship.
Jun 11
The academy-entrepreneur nexus:
"PitchBookβs latest university rankings once again place Berkeley at No. 1 among schools producing venture-backed founders, with Stanford, Harvard, the University of Pennsylvania, and MIT rounding out the top five.β
β "The rankings, based on data from more than 173,000 VC-backed founders, also show that the startup landscape is becoming more competitive globally. The University of Texas moved ahead of Michigan this year, while Canadaβs University of Toronto and University of Waterloo both landed in the top 20.β "
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Public Choice: Lunch without romance?
An example of how Public Choice scholars approach "choosing in groups."
liberalism.org/p/public-choiβ¦
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Heh....
Jun 13
With $1 trillion in net worth, Musk could give everyone on earth around 125 bucks and thereby solve all problems forever.
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Okay, I don't know much about futbol, fair enough.
But this is hard to watch. Miguel Almiron is a little b*tch, and that flop was ridiculous. Yellow card deserved, sure.
But...US team is likewise taking flops and dives. What do they think, they're in the NBA?
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Nice piece by Scott Scheall, of @uaustinorg
From @AcademicRenewal
"Even the loftiest of intentions can be undermined by distorted incentives." β UATX Professor Scott Scheall on the administrative bloat hollowing out American higher ed
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We all know Public Choice is "politics without romance."
But have you actually THOUGHT about what "romance" is, in that context?
Well, I thought about it, so you don't have to!
The new piece at Liberalism.org....
liberalism.org/p/public-choiβ¦
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Here is Chubbz.
x.com/dog_rates/status/20648β¦
This is EXACTLY how I feel in a coach seat on a long international flight.
And, unfortunately, for pretty much the same reason.
Jun 10
This is Chubbz. He does have his own bed, just prefers a challenge. 13/10
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Fair point. But if immigrants make "too much" they must be more productive than the alternative.
And the thing people forgot about jobs is that BY DEFINITION each worker produces more value than they take in pay.
Marx said "exploitation."
But it's a NET BENEFIT to society!
If they make too little, they are burdensome, if they make more they're stealing jobs. Circular argument that can never be lost!
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Michael Munger ποΈπͺπ¨βπ³ retweeted
Jun 12
Agree. Autobiographies rarely dive anywhere close to effective parenting, and they always draw from a sample of one. Can't really infer much from them at all.
Autobiographies can tell you a lot about personal motivations and identify critical pivots and life-story plot points.
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Oh, gosh. No.
Suppose someone won the lottery. You read their autobio, about how they chose the ticket number.
Tells you NOTHING.
Reading books about how the famous were "parented" is highly selected, and misleading, sample. Unlikely parenting CAUSED their success.
Jun 12
Someone asked me to recommend a good book on parenting. I would guess that most books about parenting are tedious. So my recommendation is to read autobiographies, the early parts of which are usually implicitly about parenting.
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Of course, @paulg is right that "parenting books" are tedious.
But autobiographies are MISLEADING: Many famous people had bad childhoods, which is why they were so driven they became famous.
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This.
Because once every five years, this must be reminded, and respected.
youtube.com/watch?v=wbsEZzgCβ¦
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Is there a "home ice" advantage in hockey?
And if so, what team has the largest differential, home vs. away?
#Canes!
It's actually not even close, which surprised me.
kidsprefercheese.substack.coβ¦
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