Links for 2012-11-07 [del.icio.us]
- U.S. is big spender on education — Joanne Jacobs
The U.S. spends twice as much per student on education as the OECD average, reports BrainTrack. - 1/3 of young Americans hold college degrees — Joanne Jacobs
One-third of the nation’s 25- to 29-year-olds have completed at least a bachelor’s degree, accordin to a Pew study. That’s a new high. Sixty-three percent have completed at least “some” college. And 90 percent have a high school diploma or GED. - 1990s Gang Warfare in Los Angeles County – Cobb
The comparison. - The Volokh Conspiracy » Paul Krugman on Financial Reform
And his lack of knowledge therein. - Marijuana, Prescription Requirements and the Doctrine of Informed Consent
In an interesting paper in the Journal of Medical Ethics Jessica Flanigan argues that the same reasons which support the doctrine of informed consent also support a patient’s right to use pharmaceuticals without a doctor’s prescription. Based on Peltzman and Temin she argues that the consequential outcomes of prescription-only have not been good, at least not overwhelmingly so. Most importantly, patient autonomy applies just as much to the choice to medicate as to the refusal to medicate - Do Women Avoid Salary Negotiations?
One explanation advanced for the persistent gender pay differences in labor markets is that women avoid salary negotiations. By using a natural field experiment that randomizes nearly 2,500 job-seekers into jobs that vary important details of the labor contract, we are able to observe both the nature of sorting and the extent of salary negotiations. We observe interesting data patterns. For example, we find that when there is no explicit statement that wages are negotiable, men are more likely to negotiate than women. However, when we explicitly mention the possibility that wages are negotiable, this difference disappears, and even tends to reverse. In terms of sorting, we find that men in contrast to women prefer job environments where the ‘rules of wage determination’ are ambiguous. This leads to the gender gap being much more pronounced in jobs that leave negotiation of wage ambiguous. - *The Redistribution Recession*
That’s the new book by Casey Mulligan, and the subtitle is How Labor Market Distortions Contracted the Economy. To get to the point, it’s quite good.Maybe you’ve already read some of the other blogosphere reviews, a few of which are cited here. Atrios calls him “the worst person in the world,” without showing he has read the book, and there is further invective from other sources. The critics all misrepresent his arguments, and/or respond to the weakest rather than the strongest version of his arguments (“soup kitchens caused the Great Depression”). They are not criticizing him from the vantage point of science.
- You Should Repeatedly Read Cochrane’s “After the ACA”, Bryan Caplan | EconLog | Library of Economics and Liberty
When I read John Cochrane, an analogous question keeps popping into my head. How did a guy this unguarded get tenure at the University of Chicago? His recent essay, “After the ACA: Freeing the Market for Health Care” is a prime example. Cochrane doesn’t just present evidence; he happily tell us what he thinks the evidence means. - Self-Correction in Markets and Politics, Bryan Caplan | EconLog | Library of Economics and Liberty
A fundamental difference. - Cochrane ,2012: After the ACA: Freeing the market for health care
A primer on healthcare.
2012-11-08 13:20:19
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