Category: Economics

Showing all posts with category Economics

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5 months ago

The Venetian electoral college

For more than five centuries (from 1268 to 1797) the procedure to elect the doge (chief of state) did not change. Choose 30 members of the Great Council by lot. These 30 people are reduced by lot to 9. These 9 people choose 40 other people. These 4...

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5 months ago

We need a new science of progress

That is the title of my Atlantic piece with Patrick Collison, excerpt: Progress itself is understudied. By “progress,” we mean the combination of economic, technological, scientific, cultural, and organizational advancement that has transformed our l...

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5 months ago

Relative rates of fraud

About 21% of delivery customers worry the driver may have nibbled their order en route—and with good reason, according to a new study of delivery gripes. Some 28% of drivers say they were unable to resist taking a bite. Here is the full story, via th...

Courage Is Contagious
5 months ago

Courage Is Contagious

As nature moved past the longest day of the year at the end of June and began its slow march toward the shortest day of the year — a march toward the darkest part of the year — a courageous voice was silenced. Justin Raimondo leaves behind decades of...

Peter Thiel’s pivot, by Scott Sumner
5 months ago

Peter Thiel’s pivot, by Scott Sumner

Tyler Cowen linked to some discussion of a recent speech by Peter Thiel, a highly successful Silicon Valley entrepreneur. Thiel is known for holding somewhat libertarian views, but recently seems to be pivoting towards national conservatism.  The tal...