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Incentives and globalization, a brief but very interesting interview with Luis Garicano. Topics tackled here are CEOs, football, and…everything else.
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Geography of the recession in the USA. Thanks to Fred for the link!
Category: economics
Kevin Murphy Fan Club
I had already a quote for this week, so the following will be the quote for the weekend:
Kevin Murphy holds comparative advantage in all forms of production.
Read all 10 top facts about Kevin Murphy :-).
Econlinks for the weekend
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NYU Stern business school economists on the crisis, pinning down the real causes much to the same factors as Caballero did (1st bullet point). The book they advertise will certainly be widely read.
Broccoli, pornography, and Kant
Very interesting and well done Hoover Institute review by Mary Eberstadt, “Is Food the New Sex?“, though my feeling is that Economics would have way better tools to address the questions raised here than Philosophy, Kantian categorical imperative notwithstanding…
Thanks to Fred for the link!
→ Read more Sunday evening econlinks
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A WSJ article by Reinhart and Rogoff, on what past crises around the world might teach us for the current crisis. It really ain’t lookin’ that good… I have obviously attended Ken Rogoff’s presentation of this research at the recent ASSA in San Francisco.