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Art Carden: August 2014

An Author Archive by Month (16 entries)

Should You Take Notes By Hand and Read Paper Books?

Economics of Education
Art Carden
This started as a comment on my post about mandating the teaching of cursive in Tennessee, which got some great comments (as usual; thanks, EconLog readers), but it got long enough that I decided to make it its own post.... MORE

Markets and Prices Allow Us To Use Knowledge We Don't Have

Central Planning vs. Local Knowledge
Art Carden
Another semester is upon us, and in my principles of macroeconomics class at Samford we spent the first week reading Frederic Bastiat's What is Seen and What is Not Seen and Leonard Read's I, Pencil. In class yesterday we considered... MORE

Schooling and Technology in The Second Machine Age

Economics of Education
Art Carden
I recently read Erik Brynjolfsson and Andrew McAfee's The Second Machine Age, and I will have more to say on it later. This story caught my attention in light of their emphasis on developing skills that are complements to technology:... MORE

In response to my recent blogging about Uber and Lyft, Daniel Klein sent me this paper (gated by JSTOR) by Ross Eckert and the recently-deceased George Hilton. It's a fascinating story of rent-seeking special interests (electric streetcar and railway companies)... MORE

Quarters on the Sidewalk as Stimulus

Politics and Economics
Art Carden
A very brief Twitter exchange from last week: @WesleyVaughn Dropping a million quarters on sidewalks around town would be a better idea.— Art Carden (@artcarden) August 12, 2014 I was jesting, but only sort of. As a friend has suggested,... MORE

Cryptocurrencies and Mobile Tipping

Alternative Economics
Art Carden
I've gotten better about this in recent years, but earlier today I was sitting in an airport with no cash. That's normally not a problem as I use credit cards for almost everything, but it does become a problem where... MORE

Last night, I ended up spending an undue amount of time following the #Ferguson feed on Twitter and watching insanity unfold in real time. Here are a couple of papers I've written that might be relevant: 1. "Inputs and Institutions... MORE

I generally agree with Bryan that pacifism and appeasement are greatly under-rated in everyday life and especially in international affairs. While I'm not sure machismo is the fundamental argument against pacifism and appeasement, I'm sure it plays a large role.... MORE

Open Borders Bingo!

Labor Mobility, Immigration, Outsourcing
Art Carden
Note: I took this down earlier in response to a thoughtful and provocative comment on ideological bingo cards because I wanted to think about it a little more. I apologize for making the post disappear without the promise of an... MORE

Birmingham is just one of many cities in which Uber is fighting to be able to do business their way; they've launched an entire social media campaign centered around it, and local leaders are upset that instead of showing up... MORE

Last month, I read Randal O'Toole's Cato Policy Analysis on rail versus buses in which he concluded that high-capacity buses are preferable to rail in part because they can share roads and highways with cars and trucks and don't require... MORE

I'm a fan of the information-economizing value of heuristics, though I certainly recognize that they can get us in big trouble. At a Jack Miller Center event a few years ago, Mike Munger said that whenever we say "the state... MORE

Bootleggers and Baptists in Alabama Politics

Politics and Economics
Art Carden
I think Bruce Yandle's "Bootleggers and Baptists" theory of regulation has an enormous amount of explanatory power. My review of his new book on the subject will appear in the Independent Review at some point. Yesterday, we got to see... MORE

I've decided to include a few pages about ride-sharing and regulation in a project I'm working on, and I thought I'd reach out to EconLog readership for assistance: does anyone have a good lead on traffic accident rates for ride-sharing... MORE

Last week, I asked which essential skills will someday be obsolete. From the comments, it looks like there's a clear consensus on cooking. I expect my kids' generation will cook the way my generation sews: as a hobby. I wouldn't... MORE

Over lunch one day, colleagues and I were talking about students' handwriting (mine is positively atrocious), and one of my colleagues suggested that students learn to write decently as they will at the very least need to be able to... MORE

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