Contra Flattening the Curve: Epidemiology vs Economics

This article discusses a major problem with epidemiological models that utilize a fixed value for healthcare system capacity. The problem is that healthcare system capacity isn’t fixed. As in all other economic goods and services, supply increases with demand. Regulators, policymakers, and academics are all too often acting under the assumption of fixed healthcare capacity, … Read more Contra Flattening the Curve: Epidemiology vs Economics

A Quick Note on the COVID Death Rate in the US

Political leaders have already jumped to leverage this crisis into pork for their interest, passing a $2 T package which is 50-80% nonsense. I’ll list some of the problematic line-items later in this post. My key point in this post is to highlight the fact that the US had the world’s best healthcare response before … Read more A Quick Note on the COVID Death Rate in the US

How Extreme are Nonvoters?

Jan-Willem van Prooijen recently published on Psychological Features of Extreme Political Ideologies. Prior research has been mixed. One thesis indicates that self-identified progressives are in fact not tolerant, but another thesis which is particularly popular in academia is the idea that particularly the political right experiences fear and derogates outgroups. A third thesis is that … Read more How Extreme are Nonvoters?

China and the Problem of State Religion

State-lead religion has long been known to be problematic, particularly in the west, and more particularly in the United States. Today the United States has separation of church and state. This principal is properly understood as a reaction against the Anglican Church, wherein the government had both religious and political power. Before the Anglican Church … Read more China and the Problem of State Religion

Liberalism, Homosexuality, and Social Media Intersect to Show a Little Truth in Stereotypes, Part 1

Stereotypes prove nothing, but it’s interesting to think about where they come from. Without doubt, some originate as baseless memetic humor or malicious gossip, but others seem to stem from generalizations based on anecdotal or even proper statistical information. This latter category has some hint of truth within it, although in common discussion the careful … Read more Liberalism, Homosexuality, and Social Media Intersect to Show a Little Truth in Stereotypes, Part 1

Fact Checking Cabot Phillips on Dat Micky Deez

I have no idea who Cabot Phillips is but he made the following social media claim: Is that true or sensationalist? Yep, but I was able to produce similar results with easily accessible data, and there is probably some data somewhere which could be found to get closer to his result. McDonalds happy meal was … Read more Fact Checking Cabot Phillips on Dat Micky Deez

The Energy Conversation is Overrated

In 2013 I talked about how the planet would easily accommodate food and water for 9 billion people in 2040. In this article, I argue that the current Malthusian scare about running out of fossil fuels is equally overblown and unimportant. I also argue that climate change is not at all an important economic or … Read more The Energy Conversation is Overrated

Elon Musk, Secrecy, and Efficiency

It’s obvious in elementary economic theory that free information permits optimal competition, pricing, economic growth, and social health in many other forms. This theory, however, is often practically contested. This article gives a concrete example of secrecy impacting competition. Elon Musk has a company called SpaceX. This company can, among other things, launch satallites. The … Read more Elon Musk, Secrecy, and Efficiency

Mendenhall’s ECON 410 Public Choice Final Exam

The text below is Slade Mendenhall’s ECON 410 Public Choice Final Exam. Check out his course material and website here. Great stuff! Instructions: Below are questions based on the topics that we have covered this semester. They are interpretive in nature, so while you should demonstrate knowledge of what was covered in the course, answers that … Read more Mendenhall’s ECON 410 Public Choice Final Exam