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Eric Crampton: July 2006

An Author Archive by Month (15 entries)

Sayonara

Econlog Administrative Issues
Eric Crampton
It looks like Bryan's about set to make his return, so I'll be signing off. Thanks, Bryan, for giving me a soapbox, and thanks to the participants in the discussions in the comments. It's been a lot of fun. I'm... MORE

Economics and charity runs

Economics and Culture
Eric Crampton
Dan Bakkedahl, Daily Show Correspondent, reports on Paul, a fellow in Boston who's frequently inconvenienced by the "Walkanazis"(follow the link to the "Look who's walking, too" video): the perpetual stream of charity runs and walks that stop him from taking... MORE

A Cantabrian Commerce Centenary

Austrian Economics
Eric Crampton
I ought to shill once for my home institution while guest blogging for Bryan. 2006 marks the Centenary of the Bachelor of Commerce at the University of Canterbury; our centennial celebrations take place in October. Other fun Canterbury facts: Karl... MORE

Second Best and Socialist Calculation

Austrian Economics
Eric Crampton
The socialist calculation debate of the 1920s and 1930s centred on whether a benevolent social planner could allocate resources in a planned economy to replicate the efficiencies of the market while remedying the ills of monopoly losses and profit-taking. Ludwig... MORE

Public Choice Television

Public Choice Theory
Eric Crampton
Deadwood is the best television series I've seen. I'm a big fan of Joss Whedon's work, but this surpasses it. Read Mancur Olson on stationary and roving bandits, then read some Tullock, then watch the show. Al Swearengen, who owns... MORE

Tragedy of the Commons

Economic History
Eric Crampton
While I was at GMU, Gordon Tullock was working on a book he intended to call "Open Secrets" -- things that most people don't know but ought to. Levy and Peart's re-discovery of the origins of the term Dismal Science... MORE

Kiwispeak

Cross-country Comparisons
Eric Crampton
Jacqueline asks in the comments about restrictions on political speech in New Zealand. First, nobody's restricted against using the term argy-bargy. In fact, it's used rather frequently. I heard it on the radio this morning driving into work. Strange place.... MORE

Offsetting behaviour

Regulation and Subsidies
Eric Crampton
Russ Sobel warns us that NASCAR safety regulations cause more accidents. It seems that the racing industry is starting to take notice: NASCAR has made significant safety strides since the death of Dale Earnhardt, and many drivers credit recent innovations... MORE

Physician, consult an economist.

Economics of Health Care
Eric Crampton
A recent paper in Social Science & Medicine makes me wonder whether editorial boards of health journals ever bother including economists as referees. In Shifting dollars, saving lives (working paper version for those without subscriptions), Kiwi public health profs Blakely... MORE

Returns to Beauty

Human Capital: Returns to entrepreneurs, skills, etc.
Eric Crampton
Giam Petro Cipriano and Angelo Zago find that more attractive students in economics earn higher test scores than their less attractive counterparts, an effect that's magnified rather than attenuated in written exams when compared to oral exams. While a causal... MORE

Further Kiwiana

Cross-country Comparisons
Eric Crampton
Patri Friedman asks in the comments for info on the desirability of New Zealand for libertarian expatting; C.L asks about the cost of living. I’ll see what I can do on both fronts, beneath the fold.... MORE

Prediction Markets?

Information Goods, Intellectual Property
Eric Crampton
I'm a fan of Hanson's idea markets. Imitation as flattery: I put together a Marsden grant proposal (New Zealand's NSF) to start up election stock markets here that would subsequently be expanded into policy and decision markets. Unfortunately, the grant... MORE

Ideology and the Classroom

Economic Education
Eric Crampton
Oppenheimer writes in favour of opinionated teaching. Kelly-Woessner and Woessner find that this may not be the best route to strong teaching evaluations. Both perceived ideological and partisan differences between student and instructor reduce course evaluation scores, with partisan differences... MORE

French Labour Markets

Labor Market
Eric Crampton
Tyler provides further evidence that there are serious problems in French labour markets... A clerk will spend half an hour "helping" a customer. I wait and wait. (It is worse than the Falls Church Public Library.) I do not understand... MORE

Kiwiana

Cross-country Comparisons
Eric Crampton
I'm quite happy to fill in for Bryan while he's holidaying in California. I finished up at GMU about three years ago before taking a job at the University of Canterbury in Christchurch, New Zealand. Bryan's given me a bit... MORE

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