Faculty Pay Cut at the University of Illinois
This is an interesting way to cut 2010 salaries: Faculty and academic professional staff will take four furlough days – a temporary leave of absence without pay – between the four pay dates of Feb. 16...
View ArticleImmigration— The Congressional Budget Office Report (CBO on S.744)
I will post my little paper on the effects of immigration later today. In preparation for that, I downloaded the CBO report on the Senate bill. I find it unimpressive, except for the clarity of its...
View ArticleStock Market Returns and Risk: Returns from Various Years until 2013
I’ve posted as a blog permanent “page”, a memo on “Stock Market Returns and Risk: Returns from Various Years until 2013.” I’ll repeat it here as a blog post. This is a memo I wrote for the directors of...
View ArticleI Want Comment Triage Software
Nobody comments here, so it’s not a personal need, but I want to see comments on blogs and articles organized differently. First I’ll say what I want to see, and then I’ll explain why. Each comment...
View ArticleHow To Deal with a Powerful Oppressor: Frederick Douglass’s Story of Nelly
From Frederick Douglass, My Bondage and My Freedom (1855): There is no doubt that Nelly felt herself superior, in some respects, to the slaves around her. She was a wife and a mother; her husband was a...
View ArticleThe Meaning of “Value” for Gift and Estate Tax Donee Limitation in Tax Code...
I’ve posted a new draft of The Meaning of “Value” for Gift and Estate Tax Donee Limitation in Tax Code 26 U.S.C. § 6324(B): An Amicus Brief for Marshall v. Commissioner and submitted the brief. I...
View Article“Exclusive Dealing: Before Bork, and Beyond”
Mark Ramseyer and I have just posted a draft of a paper on monopoly law: “Exclusive Dealing: Before Bork, and Beyond”. Comments are welcomed. Here’s the abstract: Antitrust scholars have come to accept...
View ArticleAre 17% of Singaporean Households Millionaires?
This table from The Money Illusion blog is astonishing. I still can’t believe it really. But I’ll ask about it:
View ArticleBoring Predictions Are the Important Ones
Steve Sailer in “The world’s most boring insight, again,” on complaints that economics doesn’t make useful predictions (my boldface): On August 15, 1971, President Richard Nixon announced a freeze on...
View ArticleMath in Economics
I just posted this over at Volokh Conspiracy as a comment on Professor Coase’s dismay at the road economics has taken: Coase could be nonmathematical because he was a genius. Ordinary economists aren’t...
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