Entries by Matt Nolan

Discussion Tuesday

From here this claim: Economics, psychology, and neuroscience are converging today into a unified discipline of Neuroeconomics with the ultimate aim of providing a single, general theory of human decision making. Once again, remember that these are points for discussion – I am not saying I agree or disagree with them.

Discussion Tuesday (on Wednesday)

Let us see if we can get a little bit of ethics going: “Social good” is a philosophically unsound notion, made up by economists and policy wonks to justify their own existence. Once again, remember that these are points for discussion – I am not saying I agree or disagree with them.

IMF on redistribution and growth

Last month I noticed a piece from the IMF “redistribution, inequality, and growth”.  It came out after my post on “Okun’s leaky bucket” and I was pretty happy to see the piece – as it was actual empirical research stating that the policy trade-offs are more complicated than some grand “equality vs efficiency” policy choice. […]

Mismeasurement and income inequality

Update:  Anyone that is waiting for this, I’m sorry but I am massively swamped with work.  I will do this – I need to look at this for other work of my own – however, a post may not appear until mid-March. Just as a pointer, I see that there were some measurement errors in […]