Evolving Economics is a blog by Jason Collins of his thoughts on economics, evolution and those areas in between.
Evolving Economics's Latest Posts
A classic story on the play-list of many behavioural economics presentations is why you can’t find taxis on rainy days. The story is based on the idea that taxi drivers work to an income target. If driver wages are high due to high demand for taxis, such as when it rains, they will reach their income […]
Links this week: Was the paper proposing that mice can pass their fears onto their offspring and grandchildren via epigenetic mechanisms too good to be true? Neuroskeptic comments (and read the comments to Neuroskeptic’s post). And my favourite epigenetics statement of the week: “Women too can succeed in business. Because epigenetics.” What are agent based […]
I’m note sure how I hadn’t come across this before (one need only read the Wikipedia entry “invisible hand”), but Adam Smith used the phrase “invisible hand” three times. It is used once in The Theory of Moral Sentiments (1759) and The Wealth of Nations (1776) – both of those I knew. The third time […]
Over at WSJ Real Time Economics, Josh Zumbrun turns the following chart into a claim that “the SAT is just another area in American life where economic inequality results in much more than just disparate incomes.” But what does the chart actually tell us? In a perfect meritocracy, the smartest students will score the highest. […]
Links this week: Plenty of press and interesting articles sparked by Peter Thiel’s new book. First, he has a swipe at business schools. And some great one-liners. But is he wrong about the future? Another tech-billionaire – Elon Musk wants to put people of Mars. But he doesn’t need one million people to get enough […]
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